Measuring Upward Mobility
نویسندگان
چکیده
This paper develops a mobility measure that combines desirable features of the relative and absolute approaches to measuring mobility. From the relative approach we borrow the idea that income growth accruing to the relatively poor is more to be valued than income growth to the relatively rich. From the absolute approach we take the idea that upward changes are to be valued, in and of themselves. Our combined approach precipitates (under some axioms) a class of mobility measures, fully characterized up to a single parameter. JEL: [Poverty and Inequality] I32, O15
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