Hardback
Comparing Income Distributions
Statics and Dynamics
9781035307326 Edward Elgar Publishing
Comparing Income Distributions brings together John Creedy’s recent original research and analyses of income distribution. The book is concerned with both static, or cross-sectional, comparisons, and dynamic aspects of income mobility. The author presents new methods of depicting and measuring income mobility and poverty persistence. Income mobility is explored in terms of individuals’ relative income changes and their positional changes within the distribution.
More Information
Critical Acclaim
Contents
More Information
Comparing Income Distributions brings together John Creedy’s recent original research and analyses of income distribution. The book is concerned with both static, or cross-sectional, comparisons, and dynamic aspects of income mobility. The author presents new methods of depicting and measuring income mobility and poverty persistence. Income mobility is explored in terms of individuals’ relative income changes and their positional changes within the distribution.
The first half of the book covers a range of technical aspects of inequality measurement, including less well-known properties of inequality indices, and the decomposition of inequality changes into component contributions. The second half explores various aspects of the graphical display and measurement of income mobility. While the focus of the book is on methods, illustrative examples are provided using New Zealand data.
Graduate students, public sector economists, and researchers interested in income distribution will welcome this important work.
The first half of the book covers a range of technical aspects of inequality measurement, including less well-known properties of inequality indices, and the decomposition of inequality changes into component contributions. The second half explores various aspects of the graphical display and measurement of income mobility. While the focus of the book is on methods, illustrative examples are provided using New Zealand data.
Graduate students, public sector economists, and researchers interested in income distribution will welcome this important work.
Critical Acclaim
‘This book usefully collects together recent papers by John Creedy about measurement of income inequality and income mobility, with the added bonus of providing novel applications to data for New Zealand. Creedy, an expert in the field, provides many instructive insights.’
– Stephen P. Jenkins, London School of Economics and Political Science, UK, President, Society for the Study of Economic Inequality, 2021-23
‘John Creedy’s distinguished career has been exemplified by careful empirical analysis and creative exploration of many thorny issues in public finance, specifically relating to economic inequality. This new book is no exception, it dives into deep questions of appropriately measuring inequality and doesn’t shy away from getting into dynamic versus static issues. I recommend it highly to anyone who wants to understand how topflight researchers in the field look at these issues.’
– Daniel Slottje, Professor Emeritus, Southern Methodist University, US
– Stephen P. Jenkins, London School of Economics and Political Science, UK, President, Society for the Study of Economic Inequality, 2021-23
‘John Creedy’s distinguished career has been exemplified by careful empirical analysis and creative exploration of many thorny issues in public finance, specifically relating to economic inequality. This new book is no exception, it dives into deep questions of appropriately measuring inequality and doesn’t shy away from getting into dynamic versus static issues. I recommend it highly to anyone who wants to understand how topflight researchers in the field look at these issues.’
– Daniel Slottje, Professor Emeritus, Southern Methodist University, US
Contents
1. Introduction 2. Alternative Distributions and Metrics 3. Interpreting Inequality Measures 4. Inequality-Preserving Changes 5. Decomposing Inequality Changes 6. Inequality Over a Long Period 7 Regression Models of Mobility 8. Illustrating Differential Growth 9. Summary Measures of Equalising Mobility 10. Mobility as Positional Change 11. Poverty Persistence Bibliography Index
