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Ethical Indices of Income Mobility

  • Satya R. Chakravarty

Abstract

Indices of inequality are typically summary statistics of the dispersion of incomes at a particular point of time. Even if such indices are computed for a number of successive periods, by their very nature they will ignore many features of time path of incomes which are of interest. As time progresses we observe changes in relative incomes as well as changes in the absolute income differences found in any given time period. Indices of income mobility are meant to measure the magnitude of these changes. Indices of relative mobility measure changes in relative incomes while indices of absolute mobility measure changes in income differences.

Keywords

Relative Income Relative Mobility Ethical Approach Inequality Index Income Mobility 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin · Heidelberg 1990

Authors and Affiliations

  • Satya R. Chakravarty
    • 1
    • 2
  1. 1.Institut für Wirtschaftstheorie und ORUniversität KarlsruheKarlsruheGermany
  2. 2.Economic Research UnitIndian Statistical InstituteCalcuttaIndia

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