Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169393
Authors: 
Stark, Oded
Bielawski, Jakub
Falniowski, Fryderyk
Year of Publication: 
2017
Series/Report no.: 
University of Tübingen Working Papers in Economics and Finance 101
Abstract: 
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight (the case of p >1), and an increasing weight (the case of p∈(0,1) ) accorded to given changes in the incomes of the individuals who are wealthier than the reference individual, depending on their proximity in the income distribution to the reference individual.
Subjects: 
Income distribution
Relative deprivation
Sensitivity to income transfers between wealthier individuals
Sensitivity to the proximity of changes in others' incomes
JEL: 
D31
D33
D63
H23
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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