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Generalizing the S-Gini Family: Some Properties

Author

Listed:
  • Ana Marta Urrutia Careaga

    (Universidad del País Vasco)

  • Francisco José Goerlich Gisbert

    (Instituto Valenciano de Investigaciones Económicas)

  • Mª Casilda Lasso de la Vega

    (Universidad del País Vasco)

Abstract

In the literature there are a number of generalizations of the Gini coefficient which inherit most of its appealing properties. These families allow the incorporation of different value judgments and all of them are more sensitive to transfers among the poorest individuals in society than to transfers among the richest. Consequently they fail to capture a fact with which perhaps not everybody agrees: it is always good for society to give much more additional income to the richest person than to the poorest one. The aim of this paper is to propose extensions of these generalizations of the Gini coefficient with measures which, preserving their properties, complete the information about all the inequality perceptions.

Suggested Citation

  • Ana Marta Urrutia Careaga & Francisco José Goerlich Gisbert & Mª Casilda Lasso de la Vega, 2009. "Generalizing the S-Gini Family: Some Properties," Working Papers. Serie AD 2009-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:2009-16
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    References listed on IDEAS

    as
    1. Mª Casilda Lasso de la Vega & Ana Marta Urrutia, 2003. "A new factorial decomposition for the atkinson measure," Economics Bulletin, AccessEcon, vol. 4(29), pages 1-12.
    2. Casilda Lasso de la Vega & Ana Urrutia, 2008. "The ‘Extended’ Atkinson family: The class of multiplicatively decomposable inequality measures, and some new graphical procedures for analysts," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 6(2), pages 211-225, June.
    3. repec:ebl:ecbull:v:4:y:2003:i:29:p:1-12 is not listed on IDEAS
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    Cited by:

    1. Sonia Oreffice & Climent Quintana, 2009. "Anthropometry and Socioeconomics in the Couple: Evidence from the PSID," Working Papers 2009-22, FEDEA.
    2. Hjördis Hardardottir & Ulf‐G Gerdtham & Erik Wengström, 2021. "Parameterizing standard measures of income and health inequality using choice experiments," Health Economics, John Wiley & Sons, Ltd., vol. 30(10), pages 2531-2546, September.
    3. Carmen Puerta & Ana Urrutia, 2012. "Lower and upper tail concern and the rank dependent social evaluation functions," Economics Bulletin, AccessEcon, vol. 32(4), pages 3250-3259.
    4. John Creedy & S. Subramanian, 2023. "Exploring A New Class of Inequality Measures and Associated Value Judgements: Gini and Fibonacci-Type Sequences," Sankhya B: The Indian Journal of Statistics, Springer;Indian Statistical Institute, vol. 85(1), pages 110-131, May.
    5. Hardardottir, Hjördis & Gerdtham, Ulf-G. & Wengström, Erik, 2019. "What Kind of Inequality Do You Prefer? Evaluating Measures of Income and Health Inequality Using Choice Experiments," Working Papers 2019:7, Lund University, Department of Economics, revised 31 May 2019.
    6. Masato Okamoto, 2022. "Level-adjusted S-Gini index and its complementary index as a pair of sensitivity-adjustable inequality measures," Economics Bulletin, AccessEcon, vol. 42(1), pages 1-16.

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    More about this item

    Keywords

    Gini; Relative and Absolute Inequality Measures; Social Welfare.;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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