Theil, inequality and the structure of income distribution
Cowell, Frank
(2003)
Theil, inequality and the structure of income distribution.
[Working paper]
Theil’s information-theoretic approach to the measurement of inequality (Theil 1967) is set in the context of subsequent developments over recent decades. It is shown that Theil’s initial insight leads naturally to a very general class of inequality measures. It is thus closely related to a number of other commonly used families of inequality measures.
| Item Type | Working paper |
|---|---|
| Keywords | Theil; inequality; independence; homotheticity; translatability |
| Departments |
Economics STICERD Centre for Analysis of Social Exclusion |
| Date Deposited | 27 Apr 2007 |
| URI | https://researchonline.lse.ac.uk/id/eprint/2288 |
ORCID: https://orcid.org/0000-0002-3778-2152