Authors
Satya R Chakravarty, Conchita D'Ambrosio
Publication date
2010/3
Journal
Review of Income and Wealth
Volume
56
Issue
1
Pages
47-64
Publisher
Blackwell Publishing Ltd
Description
This paper considers an intermediate notion of polarization which is defined as a convex mix of relative and absolute concepts of polarization. While absolute polarization indices remain unchanged under equal absolute augmentation in all incomes, relative indices do not change under equiproportionate variations in all incomes. We then identify the class of intermediate polarization indices whose orderings of alternative income distributions agree with the rankings generated by intermediate polarization curves. The ranking relation developed is implemented by a simple graphical device. Finally, a numerical illustration of the results developed in the paper is provided using data from Southern European countries.
Total citations
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Scholar articles
SR Chakravarty, C D'Ambrosio - Review of Income and Wealth, 2010