This paper proposes two new indices of
relative deprivation, derived from an extension of the
concept of the generalized Gini for the measurement of
distributional change. Population- and income-weighted
relative deprivation indices are then defined and, using
panel data from the Consortium of Household Panels for
European Socio-Economic Research, this paper checks which of
the various ways of defining individual deprivation best
fits the answers given by individuals on the degree of their
satisfaction with income. The analysis finds that the
deprivation indices proposed are consistently and negatively
correlated with income satisfaction as reported by
respondents, that income weighted measures fit better than
population weighted measures, and that this fit improves
with countries that experienced deep institutional changes
such as the transitional economies of Eastern Europe.
Bibliographic Details
| Main Authors: |
Silber, Jacques,
Verme, Paolo |
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| Format: | Policy Research Working Paper
biblioteca
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| Language: | English |
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| Published: |
2012-01-01
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| Subjects: | AVERAGE INCOME,
AVERAGE INCOMES,
BORROWING,
CROSS-COUNTRY DIFFERENCES,
DATA SET,
DEFLATORS,
DEPENDENT VARIABLE,
DEVELOPMENT ECONOMICS,
DEVELOPMENT POLICY,
DISTRIBUTION OF INCOMES,
DISTRIBUTIONAL CHANGE,
ECONOMIC CONDITIONS,
ECONOMIC INEQUALITY,
ECONOMIC OUTLOOK,
ECONOMIC POLICY,
ECONOMIC RESEARCH,
ECONOMIC REVIEW,
ECONOMIC STATISTICS,
ECONOMIC THEORY,
EMPIRICAL ANALYSIS,
EMPIRICAL LITERATURE,
EXPLANATORY FACTORS,
EXPLANATORY POWER,
GINI COEFFICIENT,
GINI INDEX,
HOUSEHOLD BUDGET SURVEY,
HOUSEHOLD MEMBERS,
HOUSEHOLD SIZE,
HOUSEHOLD SURVEYS,
IMPERFECT INFORMATION,
INCOME,
INCOME DISTRIBUTION,
INCOME EFFECT,
INCOME INEQUALITY,
INCOME SHARE,
INCOME SHARES,
INCOMES,
INDIVIDUAL INCOMES,
INEQUALITY,
INEQUALITY AVERSION,
INEQUALITY AVERSION PARAMETER,
INEQUALITY MEASUREMENT,
LABOR FORCE,
LABOR MARKET,
LABOUR,
LOCAL CURRENCY,
MANPOWER,
MARKET ECONOMY,
MEASUREMENT ERRORS,
POLICY DISCUSSIONS,
POLICY RESEARCH,
POPULATION SHARE,
PUBLIC ECONOMICS,
RELATIVE INCOME,
RELATIVE POSITION,
SOCIOECONOMIC RESEARCH,
SOCIOLOGISTS,
TRANSITION COUNTRIES,
UNEMPLOYMENT,
UTILITY MAXIMIZATION,
WELL-BEING, |
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103133625
http://hdl.handle.net/10986/3216
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