Opportunity advantage between income distributions
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http://hdl.handle.net/10045/117406
Título: | Opportunity advantage between income distributions |
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Autor/es: | Herrero, Carmen | Villar Notario, Antonio |
Grupo/s de investigación o GITE: | Análisis Económico |
Centro, Departamento o Servicio: | Universidad de Alicante. Departamento de Fundamentos del Análisis Económico |
Palabras clave: | Domination probabilities | Income distribution | Opportunity advantage | Ranking distributions | Veil of ignorance |
Área/s de conocimiento: | Fundamentos del Análisis Económico |
Fecha de publicación: | 30-jul-2021 |
Editor: | Springer Nature |
Cita bibliográfica: | The Journal of Economic Inequality. 2021, 19: 785-799. https://doi.org/10.1007/s10888-021-09488-5 |
Resumen: | 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. |
Patrocinador/es: | 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 |
Tipo: | info:eu-repo/semantics/article |
Derechos: | © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021 |
Revisión científica: | si |
Versión del editor: | https://doi.org/10.1007/s10888-021-09488-5 |
Aparece en las colecciones: | INV - Análisis Económico - Artículos de Revistas |
Archivos en este ítem:
Archivo | Descripción | Tamaño | Formato | |
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Herrero_Villar_2021_JEconInequal_final.pdf | Versión final (acceso restringido) | 562,15 kB | Adobe PDF | Abrir Solicitar una copia |
Herrero_Villar_2021_JEconInequal_preprint.pdf | Preprint (acceso abierto) | 1,33 MB | Adobe PDF | Abrir Vista previa |
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