Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058307 | Economics Letters | 2016 | 5 Pages |
â¢We study attribute decomposable multidimensional inequality indices.â¢We exploit their decomposition by attributes in several ways.â¢We derive the asymptotic distribution of the vector of inequality measures.â¢We derive joint hypotheses tests on the vector of inequality measures.â¢We present Monte Carlo evidence on their finite sample behavior.
An inequality index over p dimensions of well-being is decomposable by attributes if it can expressed as a function of p unidimensional inequality indices and a measure of association between the various dimensions of well-being. We exploit this decomposition framework to derive joint hypothesis tests regarding the sources of multidimensional inequality, and present Monte Carlo evidence on their finite sample behavior.