An inter-temporal relative deprivation index
Lidia Ceriani (lidia.ceriani@gmail.com) and
Chiara Gigliarano
No 237, Working Papers from ECINEQ, Society for the Study of Economic Inequality
Abstract:
The paper provides the axiomatic characterization of a new relative deprivation index. The concept of relative deprivation is here extended towards the inter-temporal framework. In fact, if we agree that deprivation is a relative concept, we should also believe that individuals not only take care of their relative position with respect to others, but also of their relative position with respect to their own past. While in the traditional relative deprivation framework the reference group is only other-regarding, in our work we stretch this idea and we also introduce a history-regarding reference group. The new index is illustrated with an application to EU countries.
Keywords: Relative Deprivation; Inter-temporal Measurement; Distribution; Axioms. (search for similar items in EconPapers)
JEL-codes: D31 D63 D71 D81 I32 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2011
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http://www.ecineq.org/milano/WP/ECINEQ2011-237.pdf (application/pdf)
Related works:
Journal Article: An Inter-temporal Relative Deprivation Index (2015) 
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Persistent link: https://EconPapers.repec.org/RePEc:inq:inqwps:ecineq2011-237
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