Artikel

Measuring mobility

Our new approach to mobility measurement involves separating out the valuation of positions in terms of individual status (using income, social rank, or other criteria) from the issue of movement between positions. The quantification of movement is addressed using a general concept of distance between positions and a parsimonious set of axioms that characterize the distance concept and yield a class of aggregative indices. This class of indices induces a superclass of mobility measures over the different status concepts consistent with the same underlying data. We investigate the statistical inference of mobility indices using two well-known status concepts, related to income mobility and rank mobility. We also show how our superclass provides a more consistent and intuitive approach to mobility, in contrast to other measures in the literature, and illustrate its performance using recent data from China.

Language
Englisch

Bibliographic citation
Journal: Quantitative Economics ; ISSN: 1759-7331 ; Volume: 9 ; Year: 2018 ; Issue: 2 ; Pages: 865-901 ; New Haven, CT: The Econometric Society

Classification
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Subject
Income mobility
rank mobility
measurement
axiomatic approach

Event
Geistige Schöpfung
(who)
Cowell, Frank A.
Flachaire, Emmanuel
Event
Veröffentlichung
(who)
The Econometric Society
(where)
New Haven, CT
(when)
2018

DOI
doi:10.3982/QE512
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Cowell, Frank A.
  • Flachaire, Emmanuel
  • The Econometric Society

Time of origin

  • 2018

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