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Original Articles

On measuring group-differentials displayed by socioeconomic indicators

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Pages 519-521 | Published online: 15 Aug 2006
 

Abstract

This is a very short and elementary note which points (in a continuation of a recent tradition in the literature) to the importance of taking account of the level of a socioeconomic indicator in comparing group-differentials displayed by it. The requirement of ‘level sensitivity’ is captured in a couple of axioms, and a measure of differential, which satisfies both these axioms, is advanced. An empirical illustration of the note's concerns is also provided.

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