Two widely used and reported measures are the quintile and decile ratios. They are respectively the ratio of what the top fifth or tenth of the distribution receives (income, wealth, whatever) to the bottom fifth or tenth receives. These numbers are fairly widely available for many countries and periods of time, at least as available as Gini coefficients. More theoretical measures are the Dalton and Atkinson indexes.. But the Dalton depends on an assumed utility function form, and the Atkinson one puts strong assumptions on the utility function as well. The Atkinson presumably measures a loss of welfare due to deviations from a presumed "equally distributed equivalent income." Whew! I am not aware of any empirical estimates based on either of these measures. Barkley Rosser On Mon, 14 Apr 1997 11:22:29 -0700 (PDT) "Bove, Roger E." <[EMAIL PROTECTED]> wrote: > > A friend has asked me about alternatives to the Gini coefficient. I > seem to remember a paper titled 'On the Measurement of Inequality', but I > can't find it in my files. Anyone have suggestions? > Roger -- Rosser Jr, John Barkley [EMAIL PROTECTED]
[PEN-L:9487] Re: Measurement of inequality
Rosser Jr, John Barkley Mon, 14 Apr 1997 12:03:10 -0700 (PDT)