The Inequality Possibility Frontier : Extensions and New Applications

This paper extends the Inequality Possibility Frontier approach in two methodological directions. It allows the social minimum to increase with the average income of a society, and it derives all the Inequality Possibility Frontier statistics for t...

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Main Author: Milanovic, Branko
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/05/17726071/inequality-possibility-frontier-extensions-new-applications
http://hdl.handle.net/10986/15589
id okr-10986-15589
recordtype oai_dc
spelling okr-10986-155892021-04-23T14:03:19Z The Inequality Possibility Frontier : Extensions and New Applications Milanovic, Branko ABSOLUTE POVERTY ABSOLUTE POVERTY LINE AVERAGE INCOME AVERAGE INCOME LEVEL AVERAGE INCOMES BENCHMARKING CLASSICAL ECONOMISTS CONFLICT DEPENDENT VARIABLE DEVELOPING WORLD DEVELOPMENT POLICY ECONOMIC DEVELOPMENT ECONOMIC HISTORY ECONOMIC RESEARCH ELASTICITY EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL WORK EXPLANATORY POWER EXPLANATORY VARIABLES FAMILY BUDGET SURVEYS GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX HEALTH INSURANCE HOUSEHOLD INCOME INCOME DISTRIBUTION INCOME STUDY INCOMES INDIVIDUAL INCOMES INDUSTRIAL ECONOMIES INEQUALITIES INEQUALITY INEQUALITY ESTIMATES INEQUALITY MEASURE INEQUALITY MEASUREMENT INEQUALITY MEASURES LIVING STANDARDS MEAN INCOME MEAN INCOMES MEAN LOG DEVIATION MEASURED INEQUALITY MEASURING INEQUALITY MINIMUM INCOME OFFICIAL POVERTY LINES PER CAPITA INCOME POLICY DISCUSSIONS POLICY RESEARCH POLITICAL SCIENCE POOR POOR PEOPLE POVERTY LINES POVERTY REDUCTION POVERTY THRESHOLD PRISONER REAL INCOME REAL PER CAPITA INCOME REGRESSION RESULTS RELATIVE POVERTY SIGNIFICANT IMPROVEMENT STATISTICAL DATA WAR WEALTH WILL This paper extends the Inequality Possibility Frontier approach in two methodological directions. It allows the social minimum to increase with the average income of a society, and it derives all the Inequality Possibility Frontier statistics for two other inequality measures besides the Gini. Finally, it applies the framework to contemporary data, showing that the inequality extraction ratio can be used in the empirical analysis of post-1960 civil conflict around the world. The duration of conflict and the casualty rate are positively associated with the inequality extraction ratio, that is, with the extent to which elite pushes the actual inequality closer to its maximum level. Inequality, albeit slightly reformulated, is thus shown to play a role in explaining civil conflict. 2013-09-04T18:02:51Z 2013-09-04T18:02:51Z 2013-05 http://documents.worldbank.org/curated/en/2013/05/17726071/inequality-possibility-frontier-extensions-new-applications http://hdl.handle.net/10986/15589 English en_US Policy Research Working Paper;No. 6449 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSOLUTE POVERTY
ABSOLUTE POVERTY LINE
AVERAGE INCOME
AVERAGE INCOME LEVEL
AVERAGE INCOMES
BENCHMARKING
CLASSICAL ECONOMISTS
CONFLICT
DEPENDENT VARIABLE
DEVELOPING WORLD
DEVELOPMENT POLICY
ECONOMIC DEVELOPMENT
ECONOMIC HISTORY
ECONOMIC RESEARCH
ELASTICITY
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPIRICAL WORK
EXPLANATORY POWER
EXPLANATORY VARIABLES
FAMILY BUDGET SURVEYS
GDP
GDP PER CAPITA
GINI COEFFICIENT
GINI INDEX
HEALTH INSURANCE
HOUSEHOLD INCOME
INCOME DISTRIBUTION
INCOME STUDY
INCOMES
INDIVIDUAL INCOMES
INDUSTRIAL ECONOMIES
INEQUALITIES
INEQUALITY
INEQUALITY ESTIMATES
INEQUALITY MEASURE
INEQUALITY MEASUREMENT
INEQUALITY MEASURES
LIVING STANDARDS
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURED INEQUALITY
MEASURING INEQUALITY
MINIMUM INCOME
OFFICIAL POVERTY LINES
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL SCIENCE
POOR
POOR PEOPLE
POVERTY LINES
POVERTY REDUCTION
POVERTY THRESHOLD
PRISONER
REAL INCOME
REAL PER CAPITA INCOME
REGRESSION RESULTS
RELATIVE POVERTY
SIGNIFICANT IMPROVEMENT
STATISTICAL DATA
WAR
WEALTH
WILL
spellingShingle ABSOLUTE POVERTY
ABSOLUTE POVERTY LINE
AVERAGE INCOME
AVERAGE INCOME LEVEL
AVERAGE INCOMES
BENCHMARKING
CLASSICAL ECONOMISTS
CONFLICT
DEPENDENT VARIABLE
DEVELOPING WORLD
DEVELOPMENT POLICY
ECONOMIC DEVELOPMENT
ECONOMIC HISTORY
ECONOMIC RESEARCH
ELASTICITY
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPIRICAL WORK
EXPLANATORY POWER
EXPLANATORY VARIABLES
FAMILY BUDGET SURVEYS
GDP
GDP PER CAPITA
GINI COEFFICIENT
GINI INDEX
HEALTH INSURANCE
HOUSEHOLD INCOME
INCOME DISTRIBUTION
INCOME STUDY
INCOMES
INDIVIDUAL INCOMES
INDUSTRIAL ECONOMIES
INEQUALITIES
INEQUALITY
INEQUALITY ESTIMATES
INEQUALITY MEASURE
INEQUALITY MEASUREMENT
INEQUALITY MEASURES
LIVING STANDARDS
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURED INEQUALITY
MEASURING INEQUALITY
MINIMUM INCOME
OFFICIAL POVERTY LINES
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL SCIENCE
POOR
POOR PEOPLE
POVERTY LINES
POVERTY REDUCTION
POVERTY THRESHOLD
PRISONER
REAL INCOME
REAL PER CAPITA INCOME
REGRESSION RESULTS
RELATIVE POVERTY
SIGNIFICANT IMPROVEMENT
STATISTICAL DATA
WAR
WEALTH
WILL
Milanovic, Branko
The Inequality Possibility Frontier : Extensions and New Applications
relation Policy Research Working Paper;No. 6449
description This paper extends the Inequality Possibility Frontier approach in two methodological directions. It allows the social minimum to increase with the average income of a society, and it derives all the Inequality Possibility Frontier statistics for two other inequality measures besides the Gini. Finally, it applies the framework to contemporary data, showing that the inequality extraction ratio can be used in the empirical analysis of post-1960 civil conflict around the world. The duration of conflict and the casualty rate are positively associated with the inequality extraction ratio, that is, with the extent to which elite pushes the actual inequality closer to its maximum level. Inequality, albeit slightly reformulated, is thus shown to play a role in explaining civil conflict.
format Publications & Research :: Policy Research Working Paper
author Milanovic, Branko
author_facet Milanovic, Branko
author_sort Milanovic, Branko
title The Inequality Possibility Frontier : Extensions and New Applications
title_short The Inequality Possibility Frontier : Extensions and New Applications
title_full The Inequality Possibility Frontier : Extensions and New Applications
title_fullStr The Inequality Possibility Frontier : Extensions and New Applications
title_full_unstemmed The Inequality Possibility Frontier : Extensions and New Applications
title_sort inequality possibility frontier : extensions and new applications
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/05/17726071/inequality-possibility-frontier-extensions-new-applications
http://hdl.handle.net/10986/15589
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