Opportunity advantage between income distributions
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http://hdl.handle.net/10045/117406
Títol: | Opportunity advantage between income distributions |
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Autors: | Herrero, Carmen | Villar Notario, Antonio |
Grups d'investigació o GITE: | Análisis Económico |
Centre, Departament o Servei: | Universidad de Alicante. Departamento de Fundamentos del Análisis Económico |
Paraules clau: | Domination probabilities | Income distribution | Opportunity advantage | Ranking distributions | Veil of ignorance |
Àrees de coneixement: | Fundamentos del Análisis Económico |
Data de publicació: | 30-de juliol-2021 |
Editor: | Springer Nature |
Citació bibliogràfica: | The Journal of Economic Inequality. 2021, 19: 785-799. https://doi.org/10.1007/s10888-021-09488-5 |
Resum: | This paper seeks to compare income distributions from the opportunity advantage viewpoint. That is a measure of how likely it is for a representative individual of one society to receive a higher income than a representative individual of another. Opportunity advantage tries to measure the income opportunities a society offers to an individual, relative to other societies, evaluated from the “veil of ignorance” viewpoint. We show that this notion can be precisely formalised and results in a complete and cardinal income distribution evaluation. We also present an empirical illustration of the gender differences in wage distributions in Spain after the financial crisis. The results show that this criterion offers new insights into the evaluation of differences in opportunity. |
Patrocinadors: | The first author acknowledges financial support from the Spanish Ministerio de Economía, Industria y Competitividad under projects ECO2015-65820P and PID2019-107081GB-I00, the Generalitat Valenciana under PROMETEO 2109/037, and IMeRA. The second author acknowledges financial support from the Spanish Ministerio de Economía, Industria y Competitividad under project ECO2015-65408-R (MINECO/FEDER). |
URI: | http://hdl.handle.net/10045/117406 |
ISSN: | 1569-1721 (Print) | 1573-8701 (Online) |
DOI: | 10.1007/s10888-021-09488-5 |
Idioma: | eng |
Tipus: | info:eu-repo/semantics/article |
Drets: | © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021 |
Revisió científica: | si |
Versió de l'editor: | https://doi.org/10.1007/s10888-021-09488-5 |
Apareix a la col·lecció: | INV - Análisis Económico - Artículos de Revistas |
Arxius per aquest ítem:
Arxiu | Descripció | Tamany | Format | |
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Herrero_Villar_2021_JEconInequal_final.pdf | Versión final (acceso restringido) | 562,15 kB | Adobe PDF | Obrir Sol·licitar una còpia |
Herrero_Villar_2021_JEconInequal_preprint.pdf | Preprint (acceso abierto) | 1,33 MB | Adobe PDF | Obrir Vista prèvia |
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