A head-count measure of rank mobility and its directional decomposition

Walter Bossert, Burak Can, Conchita D'Ambrosio

Research output: Working paperProfessional

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Abstract

We propose and characterize a new measure of rank mobility. The index is given by the head count of those whose positions change in the move from one period to the next divided by population size. The interpretation of this head-count ratio is straightforward and intuitive. In addition, we illustrate how the measure can be decomposed into an index of upwards mobility and an index of downwards mobility. The axioms used in our characterization results are appealing and easy to justify.
Original languageEnglish
PublisherMaastricht University, Graduate School of Business and Economics
DOIs
Publication statusPublished - 8 May 2017

Publication series

SeriesGSBE Research Memoranda
Number012

JEL classifications

  • d63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

Keywords

  • rank mobility
  • directional mobility
  • decomposability

Cite this

Bossert, W., Can, B., & D'Ambrosio, C. (2017). A head-count measure of rank mobility and its directional decomposition. Maastricht University, Graduate School of Business and Economics. GSBE Research Memoranda, No. 012 https://doi.org/10.26481/umagsb.2017012