How much inequality can we explain? A methodology and an application to the USA

Cowell, Frank ORCID: 0000-0002-3778-2152 and Jenkins, Stephen P (1994) How much inequality can we explain? A methodology and an application to the USA. DARP (7). Suntory and Toyota International Centres for Economics and Related Disciplines, London, UK.

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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:	Monograph (Discussion Paper)
Official URL:	http://sticerd.lse.ac.uk
Additional Information:	© 1994 Frank A. Cowell and Stephen P. Jenkins
Divisions:	Economics STICERD Centre for Analysis of Social Exclusion
Subjects:	H Social Sciences > HN Social history and conditions. Social problems. Social reform H Social Sciences > HB Economic Theory
Date Deposited:	27 Apr 2007
Last Modified:	01 Oct 2024 04:02
URI:	http://eprints.lse.ac.uk/id/eprint/2233

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