Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18076
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dc.contributor.authorChakravarty, Satya R.en_US
dc.contributor.authorD'Ambrosio, Conchitaen_US
dc.contributor.authorMuliere, Pietroen_US
dc.date.accessioned2009-01-28T15:39:12Z-
dc.date.available2009-01-28T15:39:12Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/18076-
dc.description.abstractGiven any income distribution, to each income we associate a subgroup containing all persons whose incomes are not higher than this income and a person?s target shortfall in a subgroup is the gap between the subgroup highest income and his own income. We then develop an absolute target shortfall ordering, which, under constancy of population size and total income, implies the Lorenz and Cowell-Ebert complaint orderings. Under the same restrictions, one distribution dominates the other by this ordering if and only if the dominated distribution can be obtained from the dominant one by a sequence of rank preserving progressive transfers, where each transfer is shared equally by all persons poorer than the donor of the transfer. The relationship of the ordering with the absolute deprivation and differential orderings, and its consistency with ranking of distributions by absolute target shortfall indices are explored. Well-known inequality indices like the absolute Gini index and the standard deviation are interpreted as absolute target shortfall indices. Finally, the possibility of a relative target shorfall ordering is also discussed.en_US
dc.language.isoengen_US
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen_US
dc.relation.ispartofseries|aDIW Discussion Papers |x340en_US
dc.subject.jelD63en_US
dc.subject.jelD31en_US
dc.subject.ddc330en_US
dc.subject.keywordTarget shortfall orderingsen_US
dc.subject.keywordtransferen_US
dc.subject.keywordindicesen_US
dc.subject.stwSozialtransferen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwDisparitätsmassen_US
dc.subject.stwTheorieen_US
dc.titleTarget Shortfall Orderings and Indicesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn850602629en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:diw:diwwpp:dp340en_US

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