Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/199075 
Year of Publication: 
2019
Series/Report no.: 
ifo Working Paper No. 301
Publisher: 
ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich
Abstract: 
Equality of opportunity is an important normative ideal that concerns politicians and the larger public alike. In spite of its wide acceptance, current estimation approaches in the literature suffer from severe data restrictions that lead to biased estimates of inequality of opportunity. These shortcomings are particularly pronounced for emerging economies in which comprehensive household survey data often is unavailable. In this paper, we address these issues by estimating lower and upper bounds of inequality of opportunity for a set of emerging economies. Thereby, we address recent critiques that worry about the prevalence of lower bound estimates and the ensuing scope for downplaying the normative significance of inequality.
Subjects: 
Equality of opportunity
inequality
emerging economies
JEL: 
D31
D63
I32
Document Type: 
Working Paper

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