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...

Descripción completa

Detalles Bibliográficos
Autores: Lasso de la Vega, Casilda, Rodríguez Hernández, Juan Gabriel, Salas Del Mármol, Rafael
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
Descripción
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.