Construct · 1 fields · 1 citations

generalized Lorenz dominance: a standalone construct

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Public economics

ranking of income distributions by the Lorenz curve scaled up by mean income, where one distribution dominates when its curve lies everywhere above the other.

In public economics, generalized Lorenz dominance refers to ranking of income distributions by the Lorenz curve scaled up by mean income, where one distribution dominates when its curve lies everywhere above the other. This meaning comes from Shorrocks (1983) in Economica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

distribution2 fields · 2 citationsjingle · one word, two constructs dominance4 fields · 4 citationsjingle · one word, four constructs Lorenz curve1 fields · 3 citationsanchor · a standalone construct

References

Shorrocks, A. F. (1983). Ranking Income Distributions. Economica, 50(197), 3. https://doi.org/10.2307/2554117

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