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Income transformation and income inequality

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, UK.

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Abstract

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)
Official URL: http://sticerd.lse.ac.uk/
Additional Information: © 1997 the authors
Divisions: Economics
STICERD
Centre for Analysis of Social Exclusion
Subjects: H Social Sciences > HB Economic Theory
Date Deposited: 27 Apr 2007
Last Modified: 15 Sep 2023 22:44
URI: http://eprints.lse.ac.uk/id/eprint/2196

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