Was Ireland better off in 1994 than in 1987?
07T16:20:32Z January 2009
This paper examines the change in welfare in Ireland over the 1987- 1994 period by investigating whether Lorenz and Generalised Lorenz dominance can be observed for household expenditure data. It also calculates bootstrapped standard error measures for Lorenz and Generalised Lorenz curves and finds that the Generalised Lorenz curve for 1994 lies everywhere above that for 1987 thus indicating dominance. It also investigates whether welfare rose using more specific social welfare measures based on average expenditure and the Gini coefficient and finds a statistically significant rise in social welfare.
Type of Material
University College Dublin. School of Economics
UCD Centre for Economic Research Working Paper Series
Copyright (Published Version)
UCD Centre for Economic Research 2000
Subject – LCSH
Income distribution--Mathematical models
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License