Actual and counterfactual growth incidence and delta Lorenz curves: Estimation and inference
实际与反事实增长发生曲线及 Δ 洛伦兹曲线:估计与推断
Summary Different economic growth episodes display very different distributional characteristics, both across countries and over time. Growth is sometimes accompanied by rising and sometimes by falling inequality. Applied economists have come to rely on the growth incidence curve, which gives the quantile‐specific rate of income growth over a certain period, to describe these differences. This paper introduces a mean‐independent analogue, the delta Lorenz curve, which gives…