Country Inequality Rankings and Conversion Schemes

Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A bootstrap approach is implemented to test for statistical significance of our results

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Published in:
Economics
Publisher:
Walter de Gruyter GmbH
Kiel Institute for the World Economy
Publishing place:
Berlin
Kiel
Vol.:
6
No.:
1
ISSN:
1864-6042
ISSN:
1864-6042
Date Issued:
2012
URN:
urn:nbn:de:gbv:8:3-2025-00456-3
DOI:
10.5018/economics-ejournal.ja.2012-28
Language:
English
Type of Resource:
Text
Publisher:
Walter de Gruyter GmbH
Keywords:
Inequality; equivalence scale; equivalent income; weighting; heterogeneous distribution; quasi-homogeneous distribution; inequality decomposition
Classification:
Published version
DDC subject of DNB:
330 Economics
Hosting institution:
Faculties, Faculty of Business, Economics and Social Sciences

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