How much inequality can we explain?: a methodology and an application to the United States

Cowell, Frank ORCID: 0000-0002-3778-2152 and Jenkins, Stephen P. ORCID: 0000-0002-8305-9774 (1995) How much inequality can we explain?: a methodology and an application to the United States. The Economic Journal, 105 (429). pp. 421-430. ISSN 0013-0133

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Abstract

We develop two simple measures of how much inequality is explained by individual population characteristics or groups of characteristics, analogous to R2 in regression analysis. We investigate the measures’ empirical implementation using several alternative theoretically consistent approaches to inequality decomposition. Results are illustrated using US PSID income data.

Item Type:	Article
Official URL:	http://onlinelibrary.wiley.com/journal/10.1111/%28...
Additional Information:	© 1995 Royal Economic Society
Divisions:	Economic History Social Policy STICERD Centre for Analysis of Social Exclusion
Subjects:	H Social Sciences > HB Economic Theory
JEL classification:	C - Mathematical and Quantitative Methods > C0 - General D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Date Deposited:	27 Apr 2007
Last Modified:	01 Oct 2024 03:29
URI:	http://eprints.lse.ac.uk/id/eprint/1064

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