This paper focuses on two main issues which are crucial for improving on the analysis of multidimensional inequality: the effect of both the dispersion of well-being attributes across individuals and the interaction among attributes on the measurement of multidimensional well-being. To approach these distributional questions we rely on the Atkinson, Kolm, Sen (hereafter AKS) methodology, which defines a multidimensional inequality index consistent with the Pigou-Dalton principle. This index can be decomposed into univariate indexes belonging to the class of AKS indexes, and a residual term accounting for the interaction across dimensions. The empirical application investigates the evolution of inequality in well-being across some EU countries between 1994 and 2001.Since the multidimensional index depends on the values assigned to the parameters, we test the sensitivity of the trend in well-being to the degree of inequality aversion on each dimension. Our empirical results summarize the evolution of inequality for the indicators of well-being considered both separately and jointly, over time and across countries. © 2012 Elsevier Inc.

Croci Angelini, E., Michelangeli, A. (2012). Axiomatic measurement of multidimensional well-being inequality: Some distributional questions. JOURNAL OF SOCIO-ECONOMICS, 41(5), 548-557 [10.1016/j.socec.2012.04.006].

Axiomatic measurement of multidimensional well-being inequality: Some distributional questions

Michelangeli, A
2012

Abstract

This paper focuses on two main issues which are crucial for improving on the analysis of multidimensional inequality: the effect of both the dispersion of well-being attributes across individuals and the interaction among attributes on the measurement of multidimensional well-being. To approach these distributional questions we rely on the Atkinson, Kolm, Sen (hereafter AKS) methodology, which defines a multidimensional inequality index consistent with the Pigou-Dalton principle. This index can be decomposed into univariate indexes belonging to the class of AKS indexes, and a residual term accounting for the interaction across dimensions. The empirical application investigates the evolution of inequality in well-being across some EU countries between 1994 and 2001.Since the multidimensional index depends on the values assigned to the parameters, we test the sensitivity of the trend in well-being to the degree of inequality aversion on each dimension. Our empirical results summarize the evolution of inequality for the indicators of well-being considered both separately and jointly, over time and across countries. © 2012 Elsevier Inc.
Articolo in rivista - Articolo scientifico
well-being; inequality
English
548
557
10
Croci Angelini, E., Michelangeli, A. (2012). Axiomatic measurement of multidimensional well-being inequality: Some distributional questions. JOURNAL OF SOCIO-ECONOMICS, 41(5), 548-557 [10.1016/j.socec.2012.04.006].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/44621
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