Lorenz Dominance and Welfare: Changes in the U.S. Distribution of Income, 1967-1986.

A-Tier
Journal: Review of Economics and Statistics
Year: 1991
Volume: 73
Issue: 1
Pages: 134-39

Authors (3)

Bishop, John A (not in RePEc) Formby, John P (not in RePEc) Smith, W James (University of Colorado Denver)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper examines income inequality in the Untied States over the period 1967-86 using recently developed tests for differences in Lorenz curves. The authors are able to rank eighteen of nineteen annual comparisons. In contrast, standard techniques are able to rank only twelve. These results suggest that the Lorenz dominance principle is more empirically relevant than previously thought. The tests reveal a sharp rise in U.S. inequality between 1978 and 1982, as well as a shift toward greater inequality over the entire period. The authors also examine changes in economic welfare using the joint mean-Lorenz dominance principle. Copyright 1991 by MIT Press.

Technical Details

RePEc Handle
repec:tpr:restat:v:73:y:1991:i:1:p:134-39
Journal Field
General
Author Count
3
Added to Database
2026-01-29