Wealth Inequality: Theory, Measurement and Decomposition. Davies, J. B., Fortin, N., & Lemieux, T. Canadian Journal of Economics / Revue canadienne d'économique, 50(5):1224–1261, 2017. Link doi abstract bibtex 9 downloads This paper reviews the basic principles of inequality measurement, underlining the advantages and shortcomings of alternative measures from a theoretical standpoint and in the context of the study of the distribution of wealth. Adopting the two most popular measures, the Gini index and the P-shares, the paper documents wealth inequality in Canada using the 1999, 2005 and 2012 Survey of Financial Security (SFS). It carries out several decompositions with covariates, featuring DFL-type reweighting methods and Gini and P-shares RIF regressions. The latter parallel decompositions deepen our understanding of how changes in socio-demographic characteristics, including the compensating role of family formation and human capital, impact wealth inequality.
@article{Daviesetal2017a,
title = {Wealth Inequality: Theory, Measurement and Decomposition},
author = {Davies, James B. and Fortin, Nicole and Lemieux, Thomas},
year = {2017},
journal = {Canadian Journal of Economics / Revue canadienne d'\'economique},
volume = {50},
number = {5},
pages = {1224--1261},
doi = {10.1111/caje.12313},
url = {https://doi.org/10.1111/caje.12313},
abstract = {This paper reviews the basic principles of inequality measurement, underlining the advantages and shortcomings of alternative measures from a theoretical standpoint and in the context of the study of the distribution of wealth. Adopting the two most popular measures, the Gini index and the P-shares, the paper documents wealth inequality in Canada using the 1999, 2005 and 2012 Survey of Financial Security (SFS). It carries out several decompositions with covariates, featuring DFL-type reweighting methods and Gini and P-shares RIF regressions. The latter parallel decompositions deepen our understanding of how changes in socio-demographic characteristics, including the compensating role of family formation and human capital, impact wealth inequality.},
keywords = {Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Methods of Estimation of Wealth Inequality}
}
Downloads: 9
{"_id":"i79TXqG9YMYc2LHQ8","bibbaseid":"davies-fortin-lemieux-wealthinequalitytheorymeasurementanddecomposition-2017","authorIDs":[],"author_short":["Davies, J. B.","Fortin, N.","Lemieux, T."],"bibdata":{"bibtype":"article","type":"article","title":"Wealth Inequality: Theory, Measurement and Decomposition","author":[{"propositions":[],"lastnames":["Davies"],"firstnames":["James","B."],"suffixes":[]},{"propositions":[],"lastnames":["Fortin"],"firstnames":["Nicole"],"suffixes":[]},{"propositions":[],"lastnames":["Lemieux"],"firstnames":["Thomas"],"suffixes":[]}],"year":"2017","journal":"Canadian Journal of Economics / Revue canadienne d'économique","volume":"50","number":"5","pages":"1224–1261","doi":"10.1111/caje.12313","url":"https://doi.org/10.1111/caje.12313","abstract":"This paper reviews the basic principles of inequality measurement, underlining the advantages and shortcomings of alternative measures from a theoretical standpoint and in the context of the study of the distribution of wealth. Adopting the two most popular measures, the Gini index and the P-shares, the paper documents wealth inequality in Canada using the 1999, 2005 and 2012 Survey of Financial Security (SFS). It carries out several decompositions with covariates, featuring DFL-type reweighting methods and Gini and P-shares RIF regressions. The latter parallel decompositions deepen our understanding of how changes in socio-demographic characteristics, including the compensating role of family formation and human capital, impact wealth inequality.","keywords":"Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Methods of Estimation of Wealth Inequality","bibtex":"@article{Daviesetal2017a,\n title = {Wealth Inequality: Theory, Measurement and Decomposition},\n author = {Davies, James B. and Fortin, Nicole and Lemieux, Thomas},\n year = {2017},\n journal = {Canadian Journal of Economics / Revue canadienne d'\\'economique},\n volume = {50},\n number = {5},\n pages = {1224--1261},\n doi = {10.1111/caje.12313},\n url = {https://doi.org/10.1111/caje.12313},\n abstract = {This paper reviews the basic principles of inequality measurement, underlining the advantages and shortcomings of alternative measures from a theoretical standpoint and in the context of the study of the distribution of wealth. Adopting the two most popular measures, the Gini index and the P-shares, the paper documents wealth inequality in Canada using the 1999, 2005 and 2012 Survey of Financial Security (SFS). It carries out several decompositions with covariates, featuring DFL-type reweighting methods and Gini and P-shares RIF regressions. The latter parallel decompositions deepen our understanding of how changes in socio-demographic characteristics, including the compensating role of family formation and human capital, impact wealth inequality.},\n keywords = {Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Methods of Estimation of Wealth Inequality}\n}\n\n","author_short":["Davies, J. B.","Fortin, N.","Lemieux, T."],"key":"Daviesetal2017a","id":"Daviesetal2017a","bibbaseid":"davies-fortin-lemieux-wealthinequalitytheorymeasurementanddecomposition-2017","role":"author","urls":{"link":"https://doi.org/10.1111/caje.12313"},"keyword":["Determinants of Wealth and Wealth Inequality","Impacts of Wealth Inequality","Methods of Estimation of Wealth Inequality"],"metadata":{"authorlinks":{}},"downloads":9},"bibtype":"article","creationDate":"2019-11-18T18:25:51.876Z","downloads":9,"keywords":["determinants of wealth and wealth inequality","impacts of wealth inequality","methods of estimation of wealth inequality"],"search_terms":["wealth","inequality","theory","measurement","decomposition","davies","fortin","lemieux"],"title":"Wealth Inequality: Theory, Measurement and Decomposition","year":2017,"biburl":"https://bibbase.org/f/nKAPSyp34A9azBzJd/GCWealthProject_WealthResearchLibrary.bib","dataSources":["QFH3S2ktnk2HEGP7y","Ehs2RwEzf4bZfKzK4","cJJHdqh9t5tR5wpLH","F3pGsndC3BMm5kzaE","t77TCZsnrGgyo6dsY","BCPeddFnrLq82SA2k","2w2tCMfz9tagnuYcn","grHFPbjkekLtP8Rd5","reZhxJTZLXbC6Xb4R","CievPB5mG8TuzbbZ3","XqKxryftLF3GWq6cY","M7of5cge3GPiYqZve","PZFBspX8PwJz5LKpx","ve96mwrzCBBzfBff6","zu77p3c7mn9doiv7C","rGyABhQGe9pcQ9R2W","7X2xHQTrKka5yPvuD","gktz2DotJNwWxzBjM","s55XALJsj7pSgkAJ5","6TRStm8krC6i2nGYe","yda7rYQnmKoN94xAr","hHZFQp7q53h3BYKe8"]}