Evaluating patterns of income growth when status matters: a robust approach

Flaviana Palmisano

No 375, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: This paper addresses the problem of ranking growth episodes from a microeconomic perspective. While most of the existing criteria, framed in the pro-poor growth tradition, are either based on anonymous individuals or use to identify them on the base of their status in the initial period, this paper proposes new criteria to evaluate growth, which are robust to the choice of the reference period used to identify individuals. Suitable dominance conditions that can be used to rank alternative growth processes are derived by means of an axiomatic approach. Moreover, the theoretical results are used to rank the different growth episodes that took place in the last decade in Australia, Germany, Korea, Switzerland, and US.

Keywords: growth; income mobility; inequality; social welfare; pro-poorness. (search for similar items in EconPapers)
JEL-codes: D31 D63 D71 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2015-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Evaluating Patterns of Income Growth when Status Matters: A Robust Approach (2018)
Working Paper: Evaluating patterns of income growth when status matters: a robust approach (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:inq:inqwps:ecineq2015-375

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