Ethical indices of income mobility |
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| Authors: | Satya R. Chakravarty Bhaskar Dutta John A. Weymark |
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| Affiliation: | (1) Indian Statistical Institute, 203 Barrackpore Trunk Road, 700 035 Calcutta, India;(2) Department of Economics, University of British Columbia, V6T 1Y2 Vancouver, B.C., Canada |
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| Abstract: | Ethical indices of income mobility measure the change in welfare resulting from mobility. The concept of mobility we explore consists of a welfare comparison between the actual time path of the income distribution with a hypothetical time path obtained by supposing that starting from the actual first-period distribution, the remaining income receipts exhibit complete immobility. |
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