A Democratic Measure of Household Income Growth: Theory and Application to the United Kingdom
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DOI: 10.1111/ecca.12329
Abstract: This paper develops a price and quantity system of indicators structured round Atkinson's concept of inequality aversion. A democratic indicator of income growth, weighting each household's growth experience equally, is shown to result when Prais'… read more here.
Keywords: growth; household income; united kingdom; income ... See more keywords