Cowell, Frank (2003) Theil, inequality and the structure of income distribution. Distributional Analysis Research Programme; DARP 67, 67. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London.
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Theil’s information-theoretic approach to the measurement of inequality (Theil 1967) is set in the context of subsequent developments over recent decades. It is shown that Theil’s initial insight leads naturally to a very general class of inequality measures. It is thus closely related to a number of other commonly used families of inequality measures.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2003 Frank A. Cowell|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Journal of Economic Literature Classification System:||C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C13 - Estimation
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
|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)
|Date Deposited:||27 Apr 2007|
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