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

Walter Bossert; Burak Can; Conchita D'Ambrosio

doi:10.26481/umagsb.2017012

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

Walter Bossert, Burak Can, Conchita D'Ambrosio

Microeconomics & Public Economics

Research output: Working paper / Preprint › Working paper

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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 language	English
Publisher	Maastricht University, Graduate School of Business and Economics
DOIs	https://doi.org/10.26481/umagsb.2017012
Publication status	Published - 8 May 2017

Publication series

Series	GSBE Research Memoranda
Number	012

JEL classifications

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

Keywords

rank mobility
directional mobility
decomposability

Access to Document

10.26481/umagsb.2017012

RM17012Final published version, 319 KB

Cite this

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