Related papers: The General Poverty Index
We present here a general framework, expressed by a system of nonlinear differential equations, suitable for the modelling of taxation and redistribution in a closed (trading market) society. This framework allows to describe the evolution…
Let $q\ge3$ be an integer, $\chi$ denote a Dirichlet character modulo $q$, for any real number $a\ge 0$, we define the generalized Dirichlet $L$-functions $$ L(s,\chi,a)=\sum_{n=1}^{\infty}\frac{\chi(n)}{(n+a)^s}, $$ where $s=\sigma+it$…
Current multidimensional measures of poverty continue to follow the traditional income poverty approach of using household rather than the individual as the unit of analysis. Household level measures are gender blind since they ignore…
Probabilistic modeling is cyclical: we specify a model, infer its posterior, and evaluate its performance. Evaluation drives the cycle, as we revise our model based on how it performs. This requires a metric. Traditionally, predictive…
Alpha-based performance evaluation may fail to capture correlated residuals due to model errors. This paper proposes using the Generalized Information Ratio (GIR) to measure performance under misspecified benchmarks. Motivated by the…
In this paper, we draw attention to a promising yet slightly underestimated measure of variability - the Gini coefficient. We describe two new ways of defining and interpreting this parameter. Using our new representations, we compute the…
A mathematical model of measurement of the perception of well-being for groups with increasing incomes, but proportionally unequal is proposed. Assuming that welfare grows with own income and decreases with relative inequality (income of…
We introduce two families of inequality measures, $G_p$ and $H_q$, that converge to the classical Gini coefficient as $p,q\to\infty$. The tuning parameters $p>1$ and $q>0$ regulate the influence of disparities between observations. For each…
We introduce the general Albertson irregularity index of a connected graph $G$ and define it as $A_{p}(G) =(\sum_{uv\in E(G)}|d(u)-d(v)|^p)^{\frac{1}{p}}$, where $p$ is a positive real number and $d(v)$ is the degree of the vertex $v$ in…
This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian…
We consider the Gittins index for a normal distribution with unknown mean $\theta$ and known variance where $\theta$ has a normal prior. In addition to presenting some monotonicity properties of the Gittins index, we derive an approximation…
This paper used a primary data collected through a surveys among farmers in rural Kedah to examine the effect of non farm income on poverty and income inequality. This paper employed two method, for the first objective which is to examine…
We study an entropy measure for quantum systems that generalizes the von Neumann entropy as well as its classical counterpart, the Gibbs or Shannon entropy. The entropy measure is based on hypothesis testing and has an elegant formulation…
A combinatorial proof of the Gaussian product inequality (GPI) is given under the assumption that each component of a centered Gaussian random vector $\boldsymbol{X} = (X_1, \ldots, X_d)$ of arbitrary length can be written as a linear…
Poverty maps are used to aid important political decisions such as allocation of development funds by governments and international organizations. Those decisions should be based on the most accurate poverty figures. However, often reliable…
We examine whether mobility measures appropriately represent changes in individual status, like income or ranks. We suggest three elementary principles for mobility comparisons and show that many commonly used indices violate one or more of…
The Gini's mean difference was defined as the expected absolute difference between a random variable and its independent copy. The corresponding normalized version, namely Gini's index, denotes two times the area between the egalitarian…
In many developing nations, a lack of poverty data prevents critical humanitarian organizations from responding to large-scale crises. Currently, socioeconomic surveys are the only method implemented on a large scale for organizations and…
I generalize state-of-the-art approaches that decompose differences in the distribution of a variable of interest between two groups into a portion explained by covariates and a residual portion. The method that I propose relaxes the…
One shirt size cannot fit everybody, while we cannot make a unique shirt that fits perfectly for everyone because of resource limitation. This analogy is true for the policy making. Policy makers cannot establish a single policy to solve…