Publications

26 Oct 16

A Two-parameter Family of Socio-economic Health Inequality Indices: Accounting for Risk and Inequality Aversions.

Authors: MUSSARD Stéphane, PI ALPERIN Maria Noel.

Abstract: This paper proposes a two-parameter family of socio-economic health inequality indices. First, these indices allow a Boolean risk factor to be associated to other health dimensions. Second, multidimensional health distributions can be compared thanks to a stochastic dominance rule, which includes the attitude of the social planner with respect to the risk factor (risk neutrality, risk aversion and extreme risk aversion). Third, each order of stochastic dominance is also associated to the intensity of possible health transfers occurring between individuals, that is, the degree of inequality aversion of the social planner. This approach is a multidimensional extension of Yitzhaki's Gini indices accounting simultaneously for risk and redistribution.

Reference: MUSSARD Stéphane, PI ALPERIN Maria Noel. A Two-parameter Family of Socio-economic Health Inequality Indices: Accounting for Risk and Inequality Aversions. LISER, 2016, Working Papers n°2016-15, 42 p.

Keywords:
Counting,
Dominance,
Health,
Inequality,
Risk

JEL: D60, I10.

Linked publications
GENEVOIS Anne-Sophie, LIEGEOIS Philippe, PI ALPERIN Maria Noel
LISER, 2019, Working Papers n°2019-06, 28 p.
MUSSARD Stéphane, PI ALPERIN Maria Noel, THIREAU Véronique.
The European Journal of Health Economics, 2018.
PI ALPERIN Maria Noel, GIORDANA Gastón, PERQUIN Magali, GENEVOIS Anne-Sophie, LIEGEOIS Philippe
LISER, 2018, Les rapports du LISER, 34 p.
DEUTSCH Joseph, PI ALPERIN Maria Noel, SILBER Jacques.
Social Indicators Research, 2017.