Restricted and Unrestricted Dominance for Welfare, Inequality and Poverty Orderings

Jean-Yves Duclos and Paul Makdissi ()

Abstract: This paper extends the previous literature on the ethical links between the measurement of poverty, social welfare and inequality. We show inter alia, how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute poverty may be interpreted as a robust ranking of social welfare, and a robust ranking of relative poverty may be intepreted as a robust ranking of inequality, and this, for any order of stochastic dominance.

Keywords: Welfare; Inequality; Poverty; Stochastic Dominance (search for similar items in EconPapers)
JEL-codes: D63 I32 (search for similar items in EconPapers)
Date: 2003
New Economics Papers: this item is included in nep-dev and nep-ltv
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Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Restricted and Unrestricted Dominance for Welfare, Inequality, and Poverty Orderings (2004)
Working Paper: Restricted and Unrestricted Dominance for Welfare, Inequality and Poverty Orderings (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:lvl:lacicr:0303

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