A head-count measure of rank mobility and its directional decomposition
Walter Bossert,
Burak Can and
Conchita D'Ambrosio
No 12, Research Memorandum from Maastricht University, Graduate School of Business and Economics (GSBE)
Abstract:
We propose and characterize a new measure of rank mobility. The index is given by the head count of those whose positions change in the move from one period to the next divided by population size. The interpretation of this head-count ratio is straightforward and intuitive. In addition, we illustrate how the measure can be decomposed into an index of upwards mobility and an index of downwards mobility. The axioms used in our characterization results are appealing and easy to justify.
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2017-05-08
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https://cris.maastrichtuniversity.nl/ws/files/12447773/RM17012.pdf (application/pdf)
Related works:
Journal Article: A Head‐count Measure of Rank Mobility and its Directional Decomposition (2018) 
Working Paper: A head-count measure of rank mobility and its directional decomposition (2016) 
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Persistent link: https://EconPapers.repec.org/RePEc:unm:umagsb:2017012
DOI: 10.26481/umagsb.2017012
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