Abstract
In typical comparisons of inequality the condition that the means of the distributions are equal is hardly met. In these cases, the widely used Lorenz curves non-intersection criterion is neither a necessary nor sufficient condition for stochastic dominance. It is suggested to replace the Lorenz curves non-intersection criterion with an absolute Lorenz curves non-intersection criterion. The implications of adopting this criterion are discussed in the context of fixed populations and changing populations.
Original language | English |
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Pages (from-to) | 157-161 |
Number of pages | 5 |
Journal | Journal of Population Economics |
Volume | 1 |
Issue number | 2 |
DOIs | |
State | Published - Oct 1988 |
Externally published | Yes |