Amiel, Yoram and Cowell, Frank (1997) Income transformation and income inequality. Distributional Analysis Research Programme; DARP 24, 24. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.Full text not available from this repository.
We examine the way in which across-the-board additions to incomes are perceived to change inequality. Using a questionnaire we investigate whether subjective inequality rankings correspond to the principle of scale-independence of translation-independence, or to some generalised concept of independence which incorporates the other two principles as special cases. We find evidence that the appropriate independence concept depends on the income levels at which inquality comparisons are made.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1997 the authors|
|Uncontrolled Keywords:||Inequality; transformation direction|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Sets:||Collections > Economists Online
Departments > Economics
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
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