Comparing Multidimensional Indices of Inequality: methods and application

Publisher Website
Google Scholar
Abstract
The paper examines several measures of multidimensional inequality, analysing their properties and majorisation criteria. Moreover, it presents a new measure which generalises Bourguignon (1999) and includes Tsui measures (1999), while preserving the advantages of Maasoumi's method (1986) of explicitly acknowledging the role of parameters relevant to multivariate settings. Finally, an application to Argentine data is provided in order to illustrate the decisions involved in the process of applying these measures and the usefulness of having appropriate criteria when making those decisions.