Inequality aversion and the natural rate of subjective inequality
Inequality aversion and the natural rate of subjective inequality
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DOI：
10.1016/s0047-2727(00)00171-7
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发表时间：
2003-05-01
影响因子：
9.8
通讯作者：
Slottje, D
中科院分区：
文献类型：
--
作者：
Lambert, PJ;Millimet, DL;Slottje, D
本文分析了各国之间的不平等厌恶，并确定了解释这些国家之间观察到的经验异质性的因素。我们通过假设一个跨国主观不平等的“自然比率”，并求解与假设的自然比率一致的不平等厌恶参数的显式国家特定值，来实现这一点。我们提供了与主观不平等的自然比率相一致的证据，通过验证对不平等具有低(高)容忍度的国家也存在以基尼系数衡量的低(高)不平等。最后，我们探索了与观察到的这些国家在不平等厌恶方面的差异相一致的社会经济因素，发现了女性赋权、公共教育支出、人均收入、经济增长和人口规模的重要影响。(C)2003年爱思唯尔科学公司。
This paper analyzes inequality aversion across countries and identifies factors which explain the empirical heterogeneity observed across these countries. We do this by hypothesizing a 'natural rate' of subjective inequality across countries and solving for the explicit country-specific value of the inequality aversion parameter that is consistent with the hypothesized natural rate. We present evidence consistent with the existence of a natural rate of subjective inequality by verifying that countries with low (high) tolerance for inequality have low (high) inequality as measured by the Gini coefficient as well. Finally, we explore the socio-economic factors that are consistent with observed differences in inequality aversion across these countries, finding important effects of female empowerment, public education expenditures, per capita income, economic growth, and population size. (C) 2003 Elsevier Science B.V.