TY  - CHAP
AB  - Abstract This paper introduces a unit-consistent Lorenz dominance criterion that allows ranking income distributions according to centrist measures à la Seidl and Pfingsten (1997). In doing so, it defines α-Lorenz curves that generalize the absolute Lorenz curve. These curves allow implementing unanimous rankings for a broad set of centrist inequality notions, whereas they become closer and closer to the absolute curve when α approaches equity. In addition, this paper provides an empirical illustration of these tools using Australian income data. The results suggest that despite the reduction of relative inequality for Australian-born people between 1999 and 2003, their inequality increased for most centrist value judgments.
VL  - 22
SN  - 978-1-78350-556-2, 978-1-78350-567-8/1049-2585
DO  - 10.1108/S1049-258520140000022013
UR  - https://doi.org/10.1108/S1049-258520140000022013
AU  - Azpitarte Francisco
AU  - Alonso-Villar Olga
PY  - 2014
Y1  - 2014/01/01
TI  - On the Measurement of Intermediate Inequality: A Dominance Criterion for a Ray-Invariant Notion
T2  - Economic Well-Being and Inequality: Papers from the Fifth ECINEQ Meeting
T3  - Research on Economic Inequality
PB  - Emerald Group Publishing Limited
SP  - 401
EP  - 420
Y2  - 2024/04/16
ER  -