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Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
ZEF Discussion Papers on Development Policy No. 243
Verlag: 
University of Bonn, Center for Development Research (ZEF), Bonn
Zusammenfassung: 
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.
Schlagwörter: 
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
Dokumentart: 
Working Paper

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