Measuring mobility

Cowell, Frank A. ORCID: 0000-0002-3778-2152 and Flachaire, Emmanuel (2018) Measuring mobility. Quantitative Economics, 9 (2). pp. 865-901. ISSN 1759-7323

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Abstract

Our new approach to mobility measurement involves separating out the valuation of positions in terms of individual status (using income, social rank, or other criteria) from the issue of movement between positions. The quantification of movement is addressed using a general concept of distance between positions and a parsimonious set of axioms that characterize the distance concept and yield a class of aggregative indices. This class of indices induces a superclass of mobility measures over the different status concepts consistent with the same underlying data. We investigate the statistical inference of mobility indices using two well‐known status concepts, related to income mobility and rank mobility. We also show how our superclass provides a more consistent and intuitive approach to mobility, in contrast to other measures in the literature, and illustrate its performance using recent data from China.

Item Type:	Article
Official URL:	https://onlinelibrary.wiley.com/journal/17597331
Additional Information:	© 2018 The Authors © CC BY-NC 4.0
Divisions:	STICERD
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HN Social history and conditions. Social problems. Social reform
JEL classification:	D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Date Deposited:	19 Sep 2018 08:49
Last Modified:	11 Dec 2024 21:43
URI:	http://eprints.lse.ac.uk/id/eprint/90236

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