Variable: Atkinson Coefficient (epsilon=0.5)

QoG Code: (lis_atk05)


Dataset: Luxembourg Income Study database and the Luxembourg Wealth Study database

Description:

Atkinson Index is a welfare-based measure of inequality, representing the percentage of total income that a given society would have to sacrifice in order to have (more) equally distributed incomes (more equal shares of income between its citizens). This measure depends on the degree of society aversion to inequality, where a higher value entails greater social utility or willingness by individuals to accept smaller incomes in exchange for a more equal distribution.

In the calculation of this variable, the aversion parameter (epsilon) is set to 0.5.

Type of variable: Continuous

Downloaded by QoG on: 2023-12-15
Last updated by source: 2023-07-12


Categories:

Public Economy


Find this variable in:

OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Standard cross-section: 34
Standard time-series: 53
OECD time-series: 34


This variable has information for these countries:

Click here to see the full list of countries