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The coefficient of variation, stochastic dominance and inequality: A new interpretation

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  • Formby, John P.
  • Smith, W. James
  • Zheng, Buhong

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  • Formby, John P. & Smith, W. James & Zheng, Buhong, 1999. "The coefficient of variation, stochastic dominance and inequality: A new interpretation," Economics Letters, Elsevier, vol. 62(3), pages 319-323, March.
    • Handle: RePEc:eee:ecolet:v:62:y:1999:i:3:p:319-323
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    1. Peter C. Fishburn, 1980. "Stochastic Dominance and Moments of Distributions," Mathematics of Operations Research, INFORMS, vol. 5(1), pages 94-100, February.
    2. Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
    3. Sen, Amartya, 1997. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198292975.
    4. Gastwirth, Joseph L, 1971. "A General Definition of the Lorenz Curve," Econometrica, Econometric Society, vol. 39(6), pages 1037-1039, November.
    5. Levy, Frank & Murnane, Richard J, 1992. "U.S. Earnings Levels and Earnings Inequality: A Review of Recent Trends and Proposed Explanations," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1333-1381, September.
    6. Maria Cancian & Deborah Reed, 1998. "Assessing The Effects Of Wives' Earnings On Family Income Inequality," The Review of Economics and Statistics, MIT Press, vol. 80(1), pages 73-79, February.
    7. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
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    Cited by:

    1. Stilianos Alexiadis & Konstantinos Eleftheriou, 2011. "A note on the relation between inter-regional inequality and economic efficiency: evidence from the US states," Regional Science Policy & Practice, Wiley Blackwell, vol. 3(1), pages 37-44, March.
    2. Heshmati, Almas, 2004. "A Review of Decomposition of Income Inequality," IZA Discussion Papers 1221, Institute of Labor Economics (IZA).
    3. Zheng, Buhong & J. Cushing, Brian, 2001. "Statistical inference for testing inequality indices with dependent samples," Journal of Econometrics, Elsevier, vol. 101(2), pages 315-335, April.
    4. Duclos, Jean-Yves & Sahn, David E. & Younger, Stephen D., 2011. "Partial multidimensional inequality orderings," Journal of Public Economics, Elsevier, vol. 95(3), pages 225-238.
    5. Jean‐Yves Duclos & Paul Makdissi, 2004. "Restricted and Unrestricted Dominance for Welfare, Inequality, and Poverty Orderings," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 6(1), pages 145-164, February.
    6. Bossmann, Martin & Kleiber, Christian & Walde, Klaus, 2007. "Bequests, taxation and the distribution of wealth in a general equilibrium model," Journal of Public Economics, Elsevier, vol. 91(7-8), pages 1247-1271, August.
    7. Alexiadis, Stilianos & Eleftheriou, Konstantinos, 2010. "The ‘Trade-off’ between Spatial Equity and Economic Efficiency Revisited: Evidence from the US States," MPRA Paper 24372, University Library of Munich, Germany.
    8. Breunig, Robert, 2001. "An almost unbiased estimator of the coefficient of variation," Economics Letters, Elsevier, vol. 70(1), pages 15-19, January.
    9. Buhong Zheng, 2021. "Stochastic dominance and decomposable measures of inequality and poverty," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(2), pages 228-247, April.
    10. Kassie, Menale & Pender, John & Yesuf, Mahmud & Köhln, Gunnar & Mulugeta, Elias, 2008. "The Role of Soil Conservation on Mean Crop Yield and Variance of Yield: Evidence from the Ethiopian Highlands," RFF Working Paper Series dp-08-08-efd, Resources for the Future.
    11. Jean-Yves Duclos & Paul Makdissi, 2000. "Restricted and Unrestricted Dominance Welfare, Inequality and Povery Orderings," Cahiers de recherche 00-01, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

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