Distributional divergence as a unifying measurement framework
The measurement of various economic phenomena, including income inequality, poverty, richness, inequality-of-opportunity, horizontal equity, mobility, wage discrimination and goodness of fit, are examples of the measurement of the divergence between distributions. In all these examples there is a re...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2025 |
| País: | España |
| Institución: | Universidad Complutense de Madrid (UCM) |
| Repositorio: | Docta Complutense |
| Idioma: | inglés |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/124514 |
| Acceso en línea: | https://hdl.handle.net/20.500.14352/124514 |
| Access Level: | acceso abierto |
| Palabra clave: | D31 D63 I32 J71 Divergence Characterization Inequality Poverty Wage discrimination Inequality of opportunity Economía 53 Ciencias Económicas |
| Sumario: | The measurement of various economic phenomena, including income inequality, poverty, richness, inequality-of-opportunity, horizontal equity, mobility, wage discrimination and goodness of fit, are examples of the measurement of the divergence between distributions. In all these examples there is a reference distribution and the aim is to examine to what extent any given distribution differs from the reference one. By providing an axiomatic characterization of a family of indices for measuring divergence between distributions, this paper provides a unifying framework for incorporating the measurement of many economic phenomena, while exploring the relationship of the derived family of indices to other existing measures. |
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