Relative Deprivation, Reference Groups and the Assessment of Standard of Living
This paper proposes two new indices of relative deprivation, derived from an extension of the concept of the generalized Gini for the measurement of distributional change. Population- and income-weighted relative deprivation indices are then define...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103133625 http://hdl.handle.net/10986/3216 |
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okr-10986-32162021-04-23T14:02:08Z Relative Deprivation, Reference Groups and the Assessment of Standard of Living Silber, Jacques Verme, Paolo AVERAGE INCOME AVERAGE INCOMES BORROWING CROSS-COUNTRY DIFFERENCES DATA SET DEFLATORS DEPENDENT VARIABLE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISTRIBUTION OF INCOMES DISTRIBUTIONAL CHANGE ECONOMIC CONDITIONS ECONOMIC INEQUALITY ECONOMIC OUTLOOK ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC STATISTICS ECONOMIC THEORY EMPIRICAL ANALYSIS EMPIRICAL LITERATURE EXPLANATORY FACTORS EXPLANATORY POWER GINI COEFFICIENT GINI INDEX HOUSEHOLD BUDGET SURVEY HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLD SURVEYS IMPERFECT INFORMATION INCOME INCOME DISTRIBUTION INCOME EFFECT INCOME INEQUALITY INCOME SHARE INCOME SHARES INCOMES INDIVIDUAL INCOMES INEQUALITY INEQUALITY AVERSION INEQUALITY AVERSION PARAMETER INEQUALITY MEASUREMENT LABOR FORCE LABOR MARKET LABOUR LOCAL CURRENCY MANPOWER MARKET ECONOMY MEASUREMENT ERRORS POLICY DISCUSSIONS POLICY RESEARCH POPULATION SHARE PUBLIC ECONOMICS RELATIVE INCOME RELATIVE POSITION SOCIOECONOMIC RESEARCH SOCIOLOGISTS TRANSITION COUNTRIES UNEMPLOYMENT UTILITY MAXIMIZATION WELL-BEING This paper proposes two new indices of relative deprivation, derived from an extension of the concept of the generalized Gini for the measurement of distributional change. Population- and income-weighted relative deprivation indices are then defined and, using panel data from the Consortium of Household Panels for European Socio-Economic Research, this paper checks which of the various ways of defining individual deprivation best fits the answers given by individuals on the degree of their satisfaction with income. The analysis finds that the deprivation indices proposed are consistently and negatively correlated with income satisfaction as reported by respondents, that income weighted measures fit better than population weighted measures, and that this fit improves with countries that experienced deep institutional changes such as the transitional economies of Eastern Europe. 2012-03-19T17:28:25Z 2012-03-19T17:28:25Z 2012-01-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103133625 http://hdl.handle.net/10986/3216 English Policy Research working paper ; no. WPS 5930 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Europe and Central Asia Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AVERAGE INCOME AVERAGE INCOMES BORROWING CROSS-COUNTRY DIFFERENCES DATA SET DEFLATORS DEPENDENT VARIABLE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISTRIBUTION OF INCOMES DISTRIBUTIONAL CHANGE ECONOMIC CONDITIONS ECONOMIC INEQUALITY ECONOMIC OUTLOOK ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC STATISTICS ECONOMIC THEORY EMPIRICAL ANALYSIS EMPIRICAL LITERATURE EXPLANATORY FACTORS EXPLANATORY POWER GINI COEFFICIENT GINI INDEX HOUSEHOLD BUDGET SURVEY HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLD SURVEYS IMPERFECT INFORMATION INCOME INCOME DISTRIBUTION INCOME EFFECT INCOME INEQUALITY INCOME SHARE INCOME SHARES INCOMES INDIVIDUAL INCOMES INEQUALITY INEQUALITY AVERSION INEQUALITY AVERSION PARAMETER INEQUALITY MEASUREMENT LABOR FORCE LABOR MARKET LABOUR LOCAL CURRENCY MANPOWER MARKET ECONOMY MEASUREMENT ERRORS POLICY DISCUSSIONS POLICY RESEARCH POPULATION SHARE PUBLIC ECONOMICS RELATIVE INCOME RELATIVE POSITION SOCIOECONOMIC RESEARCH SOCIOLOGISTS TRANSITION COUNTRIES UNEMPLOYMENT UTILITY MAXIMIZATION WELL-BEING |
| spellingShingle |
AVERAGE INCOME AVERAGE INCOMES BORROWING CROSS-COUNTRY DIFFERENCES DATA SET DEFLATORS DEPENDENT VARIABLE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISTRIBUTION OF INCOMES DISTRIBUTIONAL CHANGE ECONOMIC CONDITIONS ECONOMIC INEQUALITY ECONOMIC OUTLOOK ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC STATISTICS ECONOMIC THEORY EMPIRICAL ANALYSIS EMPIRICAL LITERATURE EXPLANATORY FACTORS EXPLANATORY POWER GINI COEFFICIENT GINI INDEX HOUSEHOLD BUDGET SURVEY HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLD SURVEYS IMPERFECT INFORMATION INCOME INCOME DISTRIBUTION INCOME EFFECT INCOME INEQUALITY INCOME SHARE INCOME SHARES INCOMES INDIVIDUAL INCOMES INEQUALITY INEQUALITY AVERSION INEQUALITY AVERSION PARAMETER INEQUALITY MEASUREMENT LABOR FORCE LABOR MARKET LABOUR LOCAL CURRENCY MANPOWER MARKET ECONOMY MEASUREMENT ERRORS POLICY DISCUSSIONS POLICY RESEARCH POPULATION SHARE PUBLIC ECONOMICS RELATIVE INCOME RELATIVE POSITION SOCIOECONOMIC RESEARCH SOCIOLOGISTS TRANSITION COUNTRIES UNEMPLOYMENT UTILITY MAXIMIZATION WELL-BEING Silber, Jacques Verme, Paolo Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| geographic_facet |
Europe and Central Asia Europe and Central Asia |
| relation |
Policy Research working paper ; no. WPS 5930 |
| description |
This paper proposes two new indices of
relative deprivation, derived from an extension of the
concept of the generalized Gini for the measurement of
distributional change. Population- and income-weighted
relative deprivation indices are then defined and, using
panel data from the Consortium of Household Panels for
European Socio-Economic Research, this paper checks which of
the various ways of defining individual deprivation best
fits the answers given by individuals on the degree of their
satisfaction with income. The analysis finds that the
deprivation indices proposed are consistently and negatively
correlated with income satisfaction as reported by
respondents, that income weighted measures fit better than
population weighted measures, and that this fit improves
with countries that experienced deep institutional changes
such as the transitional economies of Eastern Europe. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Silber, Jacques Verme, Paolo |
| author_facet |
Silber, Jacques Verme, Paolo |
| author_sort |
Silber, Jacques |
| title |
Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| title_short |
Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| title_full |
Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| title_fullStr |
Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| title_full_unstemmed |
Relative Deprivation, Reference Groups and the Assessment of Standard of Living |
| title_sort |
relative deprivation, reference groups and the assessment of standard of living |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103133625 http://hdl.handle.net/10986/3216 |
| _version_ |
1764386619554529280 |