A Generalized Atkinson Index of Inequality
Sriram Shankar
Journal of Quantitative Economics, 2025, vol. 23, issue 2, No 13, 647-660
Abstract:
Abstract This paper introduces a generalized Atkinson index of inequality and demonstrates its adherence to several key properties expected from any measure of inequality, such as anonymity, scale independence, population replication, transfer principle, and rising tide. Additionally, it shows that the conventional Atkinson index is nested within this generalized inequality measure. Finally, an empirical illustration using data from the Household, Income, and Labor Dynamics in Australia (HILDA) Survey underscores the utility of the proposed measure.
Keywords: Atkinson index; Inequality aversion; Transfer principle (search for similar items in EconPapers)
JEL-codes: D31 I31 O15 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s40953-025-00451-z
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