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Longitudinal Study: HILDA
Title: A Dominance Criterion for Measuring Income Inequality from a Centrist View: The Case of Australia
Authors: Azpitarte, Francisco 
Alonso-Villar, Olga 
Institution: Melbourne Institute of Applied Economic and Social Research
Publication Date: Feb-2012
Pages: 22
Keywords: Inequality
Abstract: This paper introduces a new Lorenz dominance criterion that allows ranking income distributions according to centrist measures à la Seidl and Pfingsten (1997). In doing so, it defines α -Lorenz curves by adapting the generalized Lorenz curves to this case. In addition, it provides an empirical illustration of these tools using Australian income data for the period 2001–2008. The results suggest that despite the reduction of relative inequality, inequality increased for most centrist value judgments.
ISBN: ISBN 978-0-7340-4263-7/ ISSN 1447-5863 (Online)
Keywords: Income & Finance -- Income inequality
Research collection: Reports and technical papers
Appears in Collections:Reports

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