Measuring rank mobility with variable population size

Walter Bossert and Conchita D'Ambrosio

No 350, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: We provide characterizations of a class of rank-mobility measures and of a specific member of this class. These measures are based on the Kemeny distance for orderings. We use the well-known replication-invariance property to ensure that our measures are applicable in variable-population settings. The rank-based approach to mobility has a natural connection with the study of social status. Rank-based measures are widely applied in empirical research but their theoretical foundation is still in need of further investigation, and we consider our approach to be a contribution towards this objective.

Keywords: Rank mobility; Kemeny distance; variable population. (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-12
New Economics Papers: this item is included in nep-ltv
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Journal Article: Measuring rank mobility with variable population size (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:inq:inqwps:ecineq2014-350

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