Convergence of income distributions: Total and inequality-affecting changes in the EU

Abstract: By adapting the statistical framework suggested by Székely and Rizzo (2004) and considering the convergence of income distributions instead of aggregate (e.g., average) income, we exploit the scale-independence property of proper inequality metrics to evaluate not only the total but also the inequality-affecting (shape-influenced) convergence of income distributions. We illustrate the application using Monte Carlo experiments and characterizing the convergence of net equivalized income distributions among European Union member states

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch
Notes
Veröffentlichungsversion
begutachtet (peer reviewed)
In: Economics Letters ; 188 (2020) ; 1-6

Classification
Wirtschaft

Event
Veröffentlichung
(where)
Mannheim
(who)
SSOAR, GESIS – Leibniz-Institut für Sozialwissenschaften e.V.
(when)
2020
Creator
Kvedaras, Virmantas
Cseres-Gergely, Zsombor

DOI
10.1016/j.econlet.2020.108946
URN
urn:nbn:de:0168-ssoar-76007-3
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:50 PM CET

Data provider

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Associated

  • Kvedaras, Virmantas
  • Cseres-Gergely, Zsombor
  • SSOAR, GESIS – Leibniz-Institut für Sozialwissenschaften e.V.

Time of origin

  • 2020

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