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The Economics of Poverty and Inequality
This major two-volume collection focuses on the economics of distributional equity and the way general criteria for comparisons of income-distribution can be used to inform the analysis of inequality and poverty.
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Critical Acclaim
Contributors
Contents
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This major two-volume collection focuses on the economics of distributional equity and the way general criteria for comparisons of income-distribution can be used to inform the analysis of inequality and poverty. The issues addressed include:
• the nature of general ranking rules for comparing economic states based on simple ethical principles;
• the close relationship between the analysis of poverty and that of inequality or social welfare;
• the structure and properties of inequality and poverty indices.
In addition to covering theoretical and empirical questions, the development of the subject is set in historical context. The extensive new introduction by the editor explains the relationship between the various component topics.
These insightful volumes will be an essential source of reference for students, researchers and practitioners.
• the nature of general ranking rules for comparing economic states based on simple ethical principles;
• the close relationship between the analysis of poverty and that of inequality or social welfare;
• the structure and properties of inequality and poverty indices.
In addition to covering theoretical and empirical questions, the development of the subject is set in historical context. The extensive new introduction by the editor explains the relationship between the various component topics.
These insightful volumes will be an essential source of reference for students, researchers and practitioners.
Critical Acclaim
‘This magnificent collection is a must for every welfare economics and general economics library. . .’
– Citizen’s Income
– Citizen’s Income
Contributors
71 articles, dating from 1896 to 2000
Contributors include: T. Atkinson, C. Blackorby, F. Bourguignon, A.S. Deaton, J.E. Foster, A.J.M. Hagenaars, M. Ravallion, A.K. Sen, A.F. Shorrocks, P. Townsend
Contributors include: T. Atkinson, C. Blackorby, F. Bourguignon, A.S. Deaton, J.E. Foster, A.J.M. Hagenaars, M. Ravallion, A.K. Sen, A.F. Shorrocks, P. Townsend
Contents
Contents:
Volume I
Acknowledgements
Introduction Frank A. Cowell
PART I WELFARE BASIS OF DISTRIBUTIONAL ANALYSIS
1. A.C. Pigou (1912), ‘Economic Welfare and the National Dividend’
2. Hugh Dalton (1920), ‘The Measurement of the Inequality of Incomes’
3. John C. Harsanyi (1955), ‘Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility’
4. Harold M. Hochman and James D. Rodgers (1969), ‘Pareto Optimal Redistribution’
5. Larry S. Temkin (1986), ‘Inequality’
6. Yoram Amiel and Frank A. Cowell (1992), ‘Measurement of Income Inequality: Experimental Test by Questionnaire’
7. Peter Vallentyne (2000), ‘Equality, Efficiency, and the Priority of the Worse-off’
PART II WELFARE AND INEQUALITY RANKINGS
8. M.O. Lorenz (1905), ‘Methods of Measuring the Concentration of Wealth’
9. Jan Pen (1971), ‘A Parade of Dwarfs (and a Few Giants)’, excerpt from ‘Some Facts to be Explained’
10. Rubin Saposnik (1981), ‘Rank-dominance in Income Distributions’
11. Anthony F. Shorrocks (1983), ‘Ranking Income Distributions’
12. Peter C. Fishburn and Robert D. Willig (1984), ‘Transfer Principles in Income Redistribution’
PART III INEQUALITY MEASUREMENT
13. Corrado Gini (1921), ‘Measurement of Inequality of Incomes’
14. Henri Theil (1967), ‘The Measurement of Income Inequality’
15. Menahem E. Yaari (1988), ‘A Controversial Proposal Concerning Inequality Measurement’
PART IV INEQUALITY: WELFARE APPROACH
16. S.-Ch. Kolm ([1969] 2001), ‘The Optimal Production of Social Justice’
17. Anthony B. Atkinson (1970), ‘On the Measurement of Inequality’
18. Partha Dasgupta, Amartya Sen and David Starrett (1973), ‘Notes on the Measurement of Inequality’
19. Michael Rothschild and Joseph E. Stiglitz (1973), ‘Some Further Results on the Measurement of Inequality’
20. J.E. Meade (1976), ‘The Objectives of Distributional Policies’
21. Serge-Christophe Kolm (1976), ‘Unequal Inequalities. I’
22. Serge-Christophe Kolm (1976), ‘Unequal Inequalities. II’
23. Charles Blackorby and David Donaldson (1978), ‘Measures of Relative Equality and Their Meaning in Terms of Social Welfare’
PART V INEQUALITY: STRUCTURE
24. Francois Bourguignon (1979), ‘Decomposable Income Inequality Measures’
25. Frank A. Cowell (1980), ‘On the Structure of Additive Inequality Measures’
26. Anthony F. Shorrocks (1984), ‘Inequality Decomposition by Population Subgroups’
27. Udo Ebert (1988), ‘A Family of Aggregative Compromise Inequality Measures’
PART VI MULTIDIMENSIONAL APPROACHES
28. Frank A. Cowell (1985), ‘Measures of Distributional Change: An Axiomatic Approach’
29. Serge-Christophe Kolm (1977), ‘Multidimensional Egalitarianisms’
30. A.F. Shorrocks (1982), ‘Inequality Decomposition by Factor Components’
PART VII POLARIZATION
31. Joan-María Esteban and Debraj Ray (1994), ‘On the Measurement of Polarization’
32. Michael C. Wolfson (1994), ‘Conceptual Issues in Normative Measurement: When Inequalities Diverge’
PART VIII HORIZONTAL EQUITY
33. A.B. Atkinson (1980), ‘Horizontal Equity and the Distribution of the Tax Burden’
34. Robert Plotnick (1981), ‘A Measure of Horizontal Inequity’
Name Index
Volume II
Acknowledgements
An Introduction by the editor to both volumes appears in Volume I
PART I POVERTY CONCEPT AND POVERTY LINE
1. Mollie Orshansky (1965), ‘Counting the Poor: Another Look at the Poverty Profile’
2. Peter Townsend (1979), ‘Introduction: Concepts of Poverty and Deprivation’
3. Amartya Sen (1979), ‘Issues in the Measurement of Poverty’
4. Amartya Sen (1983), ‘Poor, Relatively Speaking’
5. Andrea Cerioli and Sergio Zani (1990), ‘A Fuzzy Approach to the Measurement of Poverty’
6. Martin Ravallion (1996), ‘Issues in Measuring and Modelling Poverty’
PART II POVERTY MEASURES
7. Harold Watts (1968), ‘An Economic Definition of Poverty’
8. Charles Blackorby and David Donaldson (1980), ‘Ethical Indices for the Measurement of Poverty’
9. Stephen Clark, Richard Hemming and David Ulph (1981), ‘On Indices for the Measurement of Poverty’
10. James Foster, Joel Greer and Erik Thorbecke (1984), ‘A Class of Decomposable Poverty Measures’
11. Aldi Hagenaars (1987), ‘A Class of Poverty Indices’
PART III POVERTY AXIOMS AND RANKINGS
12. Amartya Sen (1976), ‘Poverty: An Ordinal Approach to Measurement’
13. A. Kundu and T.E. Smith (1983), ‘An Impossibility Theorem on Poverty Indices’
14. A.B. Atkinson (1987), ‘On the Measurement of Poverty’
15. J.E. Foster and A.F. Shorrocks (1988), ‘Poverty Orderings and Welfare Dominance’
PART IV WELFARE, INEQUALITY AND NEEDS
16. Anthony B. Atkinson and François Bourguignon (1987), ‘Income Distribution and Differences in Needs’
17. Fiona A.E. Coulter, Frank A. Cowell and Stephen P. Jenkins (1992), ‘Equivalence Scale Relativities and the Extent of Inequality and Poverty’
18. Edward P. Lazear and Robert T. Michael (1980), ‘Family Size and the Distribution of Real Per Capita Income’
19. Angus S. Deaton and John Muellbauer (1986), ‘On Measuring Child Costs: With Applications to Poor Countries’
PART V RELATIVE DEPRIVATION
20. S.R. Chakravarty and A.B. Chakraborty (1984), ‘On Indices of Relative Deprivation’
21. Shlomo Yitzhaki (1982), ‘Relative Deprivation and Economic Welfare’
PART VI PROGRESSIVITY
22. R.A. Musgrave and Tun Thin (1948), ‘Income Tax Progression, 1929–48’
23. J. Fellman (1976), ‘The Effect of Transformations on Lorenz Curves’
24. Ulf Jakobsson (1976), ‘On the Measurement of the Degree of Progression’
PART VII DYNAMICS
25. Mary Jo Bane and David T. Ellwood (1986), ‘Slipping Into and Out of Poverty: The Dynamics of Spells’
26. Lee A. Lillard and Robert J. Willis (1978), ‘Dynamic Aspects of Earning Mobility’
PART VIII FUNCTIONAL FORMS OF INCOME AND WEALTH DISTRIBUTION
27. Vilfredo Pareto ([1896] 2001), ‘On the Distribution of Wealth and Income’
28. Robert Gibrat ([1931] 1957), ‘On Economic Inequalities’
29. John S. Chipman (1974), ‘The Welfare Ranking of Pareto Distributions’
30. J. Aitchison and J.A.C. Brown (1954), ‘On Criteria for Descriptions of Income Distribution’
31. D.G. Champernowne (1952), ‘The Graduation of Income Distributions’
32. S.K. Singh and G.S. Maddala (1976), ‘A Function for Size Distribution of Incomes’
33. James B. McDonald and Michael R. Ransom (1979), ‘Functional Forms, Estimation Techniques and the Distribution of Income’
PART IX STATISTICAL ISSUES
34. Frank A. Cowell and Fatemeh Mehta (1982), ‘The Estimation and Interpolation of Inequality Measures’
35. Jeffrey A. Mills and Sourushe Zandvakili (1997), ‘Statistical Inference via Bootstrapping for Measures of Inequality’
36. Charles M. Beach and Russell Davidson (1983), ‘Distribution-Free Statistical Inference with Lorenz Curves and Income Shares’
37. Frank A. Cowell and Maria-Pia Victoria-Feser (1996), ‘Robustness Properties of Inequality Measures’
Name Index
Volume I
Acknowledgements
Introduction Frank A. Cowell
PART I WELFARE BASIS OF DISTRIBUTIONAL ANALYSIS
1. A.C. Pigou (1912), ‘Economic Welfare and the National Dividend’
2. Hugh Dalton (1920), ‘The Measurement of the Inequality of Incomes’
3. John C. Harsanyi (1955), ‘Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility’
4. Harold M. Hochman and James D. Rodgers (1969), ‘Pareto Optimal Redistribution’
5. Larry S. Temkin (1986), ‘Inequality’
6. Yoram Amiel and Frank A. Cowell (1992), ‘Measurement of Income Inequality: Experimental Test by Questionnaire’
7. Peter Vallentyne (2000), ‘Equality, Efficiency, and the Priority of the Worse-off’
PART II WELFARE AND INEQUALITY RANKINGS
8. M.O. Lorenz (1905), ‘Methods of Measuring the Concentration of Wealth’
9. Jan Pen (1971), ‘A Parade of Dwarfs (and a Few Giants)’, excerpt from ‘Some Facts to be Explained’
10. Rubin Saposnik (1981), ‘Rank-dominance in Income Distributions’
11. Anthony F. Shorrocks (1983), ‘Ranking Income Distributions’
12. Peter C. Fishburn and Robert D. Willig (1984), ‘Transfer Principles in Income Redistribution’
PART III INEQUALITY MEASUREMENT
13. Corrado Gini (1921), ‘Measurement of Inequality of Incomes’
14. Henri Theil (1967), ‘The Measurement of Income Inequality’
15. Menahem E. Yaari (1988), ‘A Controversial Proposal Concerning Inequality Measurement’
PART IV INEQUALITY: WELFARE APPROACH
16. S.-Ch. Kolm ([1969] 2001), ‘The Optimal Production of Social Justice’
17. Anthony B. Atkinson (1970), ‘On the Measurement of Inequality’
18. Partha Dasgupta, Amartya Sen and David Starrett (1973), ‘Notes on the Measurement of Inequality’
19. Michael Rothschild and Joseph E. Stiglitz (1973), ‘Some Further Results on the Measurement of Inequality’
20. J.E. Meade (1976), ‘The Objectives of Distributional Policies’
21. Serge-Christophe Kolm (1976), ‘Unequal Inequalities. I’
22. Serge-Christophe Kolm (1976), ‘Unequal Inequalities. II’
23. Charles Blackorby and David Donaldson (1978), ‘Measures of Relative Equality and Their Meaning in Terms of Social Welfare’
PART V INEQUALITY: STRUCTURE
24. Francois Bourguignon (1979), ‘Decomposable Income Inequality Measures’
25. Frank A. Cowell (1980), ‘On the Structure of Additive Inequality Measures’
26. Anthony F. Shorrocks (1984), ‘Inequality Decomposition by Population Subgroups’
27. Udo Ebert (1988), ‘A Family of Aggregative Compromise Inequality Measures’
PART VI MULTIDIMENSIONAL APPROACHES
28. Frank A. Cowell (1985), ‘Measures of Distributional Change: An Axiomatic Approach’
29. Serge-Christophe Kolm (1977), ‘Multidimensional Egalitarianisms’
30. A.F. Shorrocks (1982), ‘Inequality Decomposition by Factor Components’
PART VII POLARIZATION
31. Joan-María Esteban and Debraj Ray (1994), ‘On the Measurement of Polarization’
32. Michael C. Wolfson (1994), ‘Conceptual Issues in Normative Measurement: When Inequalities Diverge’
PART VIII HORIZONTAL EQUITY
33. A.B. Atkinson (1980), ‘Horizontal Equity and the Distribution of the Tax Burden’
34. Robert Plotnick (1981), ‘A Measure of Horizontal Inequity’
Name Index
Volume II
Acknowledgements
An Introduction by the editor to both volumes appears in Volume I
PART I POVERTY CONCEPT AND POVERTY LINE
1. Mollie Orshansky (1965), ‘Counting the Poor: Another Look at the Poverty Profile’
2. Peter Townsend (1979), ‘Introduction: Concepts of Poverty and Deprivation’
3. Amartya Sen (1979), ‘Issues in the Measurement of Poverty’
4. Amartya Sen (1983), ‘Poor, Relatively Speaking’
5. Andrea Cerioli and Sergio Zani (1990), ‘A Fuzzy Approach to the Measurement of Poverty’
6. Martin Ravallion (1996), ‘Issues in Measuring and Modelling Poverty’
PART II POVERTY MEASURES
7. Harold Watts (1968), ‘An Economic Definition of Poverty’
8. Charles Blackorby and David Donaldson (1980), ‘Ethical Indices for the Measurement of Poverty’
9. Stephen Clark, Richard Hemming and David Ulph (1981), ‘On Indices for the Measurement of Poverty’
10. James Foster, Joel Greer and Erik Thorbecke (1984), ‘A Class of Decomposable Poverty Measures’
11. Aldi Hagenaars (1987), ‘A Class of Poverty Indices’
PART III POVERTY AXIOMS AND RANKINGS
12. Amartya Sen (1976), ‘Poverty: An Ordinal Approach to Measurement’
13. A. Kundu and T.E. Smith (1983), ‘An Impossibility Theorem on Poverty Indices’
14. A.B. Atkinson (1987), ‘On the Measurement of Poverty’
15. J.E. Foster and A.F. Shorrocks (1988), ‘Poverty Orderings and Welfare Dominance’
PART IV WELFARE, INEQUALITY AND NEEDS
16. Anthony B. Atkinson and François Bourguignon (1987), ‘Income Distribution and Differences in Needs’
17. Fiona A.E. Coulter, Frank A. Cowell and Stephen P. Jenkins (1992), ‘Equivalence Scale Relativities and the Extent of Inequality and Poverty’
18. Edward P. Lazear and Robert T. Michael (1980), ‘Family Size and the Distribution of Real Per Capita Income’
19. Angus S. Deaton and John Muellbauer (1986), ‘On Measuring Child Costs: With Applications to Poor Countries’
PART V RELATIVE DEPRIVATION
20. S.R. Chakravarty and A.B. Chakraborty (1984), ‘On Indices of Relative Deprivation’
21. Shlomo Yitzhaki (1982), ‘Relative Deprivation and Economic Welfare’
PART VI PROGRESSIVITY
22. R.A. Musgrave and Tun Thin (1948), ‘Income Tax Progression, 1929–48’
23. J. Fellman (1976), ‘The Effect of Transformations on Lorenz Curves’
24. Ulf Jakobsson (1976), ‘On the Measurement of the Degree of Progression’
PART VII DYNAMICS
25. Mary Jo Bane and David T. Ellwood (1986), ‘Slipping Into and Out of Poverty: The Dynamics of Spells’
26. Lee A. Lillard and Robert J. Willis (1978), ‘Dynamic Aspects of Earning Mobility’
PART VIII FUNCTIONAL FORMS OF INCOME AND WEALTH DISTRIBUTION
27. Vilfredo Pareto ([1896] 2001), ‘On the Distribution of Wealth and Income’
28. Robert Gibrat ([1931] 1957), ‘On Economic Inequalities’
29. John S. Chipman (1974), ‘The Welfare Ranking of Pareto Distributions’
30. J. Aitchison and J.A.C. Brown (1954), ‘On Criteria for Descriptions of Income Distribution’
31. D.G. Champernowne (1952), ‘The Graduation of Income Distributions’
32. S.K. Singh and G.S. Maddala (1976), ‘A Function for Size Distribution of Incomes’
33. James B. McDonald and Michael R. Ransom (1979), ‘Functional Forms, Estimation Techniques and the Distribution of Income’
PART IX STATISTICAL ISSUES
34. Frank A. Cowell and Fatemeh Mehta (1982), ‘The Estimation and Interpolation of Inequality Measures’
35. Jeffrey A. Mills and Sourushe Zandvakili (1997), ‘Statistical Inference via Bootstrapping for Measures of Inequality’
36. Charles M. Beach and Russell Davidson (1983), ‘Distribution-Free Statistical Inference with Lorenz Curves and Income Shares’
37. Frank A. Cowell and Maria-Pia Victoria-Feser (1996), ‘Robustness Properties of Inequality Measures’
Name Index