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Displaying results 1 to 4 of 4.

  1. A social-psychological reconstruction of Amartya Sen's measures of inequality and social welfare
    Author: Stark, Oded; Budziński, Wiktor
    Published: September 2021
    Publisher:  Zentrum für Entwicklungsforschung (ZEF), Center for Development Research, Bonn

    The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 48
    Inter-library loan:
    No inter-library loan

     

    The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We determine when as a consequence of an income gain by an individual, an increase in the social stress measure dominates a concurrent increase in the aggregate income, such that the magnitude of the Gini coefficient increases. By integrating our approach to the construction of the Gini coefficient with Sen's social welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too, is a composite of a measure of social stress and aggregate income. We reveal a dual role played by aggregate income as a booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for any individual, regardless of the position of the individual in the hierarchy of incomes, improves welfare as measured by Sen's social welfare function.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/251018
    Series: ZEF-discussion papers on development policy ; no. 311
    Subjects: Measuring inequality; A social-psychological approach to the construction of the Gini coefficient; Properties of the reconstructed Gini coefficient; Sen's social welfare function; Sen's social welfare function as a composite of a measure of social stress and aggregate income
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  2. A social-psychological reconstruction of Amartya Sen's measures of inequality and social welfare
    Author: Stark, Oded; Budziński, Wiktor
    Published: October 2021
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We determine when as a consequence of an income gain by an individual, an increase in the social stress measure dominates a concurrent increase in the aggregate income, such that the magnitude of the Gini coefficient increases. By integrating our approach to the construction of the Gini coefficient with Sen's social welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too, is a composite of a measure of social stress and aggregate income. We reveal a dual role played by aggregate income as a booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for any individual, regardless of the position of the individual in the hierarchy of incomes, improves welfare as measured by Sen's social welfare function.

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/250422
    Series: Discussion paper series / IZA ; no. 14761
    Subjects: measuring inequality; a social-psychological approach to the construction of the Gini coefficient; properties of the reconstructed Gini coefficient; Sen's social welfare function; Sen's social welfare function as a composite of a measure of social stress and aggregate income
    Scope: 1 Online-Ressource (circa 29 Seiten)
  3. The demand for gratitude as a restraint on the use of child labor
    a hypothesis
    Author: Stark, Oded; Budziński, Wiktor
    Published: December 2021
    Publisher:  Zentrum für Entwicklungsforschung (ZEF), Center for Development Research, Bonn, Germany

    We study a parent's demand for gratitude from his child. We view this demand as an intervening variable between the parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 48
    Inter-library loan:
    No inter-library loan

     

    We study a parent's demand for gratitude from his child. We view this demand as an intervening variable between the parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while the inclination of the child to provide this support during his adulthood is determined by how the child was treated by his parent during childhood. Specifically, we model the child's gratitude as an inverse function of the intensity of his labor in childhood. We show that when we keep the child's (imputed) wage constant, the intensity of child labor decreases with the parent's earnings. However, when we make the child's (imputed) wage a function of the parent's earnings, then the outcome can be different. With the help of a numerical example, we show that the pattern of child labor related to the parent's earnings can be U-shaped.

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/251020
    Series: ZEF-discussion papers on development policy ; no. 313
    Subjects: Gratitude formation; The parent's demand for care and support late in life; Child labor
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  4. A social-psychological reconstruction of Amartya Sen's measures of inequality and social welfare
    Author: Stark, Oded; Budziński, Wiktor
    Published: 2021
    Publisher:  Universitätsbibliothek Tübingen, Tübingen

    The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    Akademie der Polizei Hamburg, Bibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 278
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek der Eberhard Karls Universität
    Inter-library loan:
    No inter-library loan

     

    The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We determine when as a consequence of an income gain by an individual, an increase in the social stress measure dominates a concurrent increase in the aggregate income, such that the magnitude of the Gini coefficient increases. By integrating our approach to the construction of the Gini coefficient with Sen’s social welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too, is a composite of a measure of social stress and aggregate income. We reveal a dual role played by aggregate income as a booster of social welfare in Sen’s social welfare function. Quite surprisingly, we find that a marginal increase of income for any individual, regardless of the position of the individual in the hierarchy of incomes, improves welfare as measured by Sen’s social welfare function.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10900/119104
    hdl: 10419/243115
    Series: University of Tübingen working papers in business and economics ; no. 151
    Subjects: Wirtschaftswissenschaften; Measuring inequality; A social-psychological approach to the construction of the Gini coefficient; Properties of the reconstructed Gini coefficient; Sen's social welfare function; Sen's social welfare function as a composite of a measure of social stress and aggregate income
    Scope: 1 Online-Ressource (circa 29 Seiten)