Adjusting for age effects in cross-sectional distributions
Journal article, Peer reviewed

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Date
2012Metadata
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- Articles (SAM) [119]
Original version
Stata Journal 2012, 12(3):393-405Abstract
Income and wealth differ over the life cycle. In cross-sectional distri-
butions of income or wealth, classical inequality measures such as the Gini, could
therefore find substantial inequality even if everyone have the same life-time in-
come or wealth. We describe the
AG
index (Almås and Mogstad, 2011) which
is a generalization of the classical Gini index with attractive properties, and we
provide the
adgini
command which provides the
AG
index as well as the classical
Gini index. The
adgini
command provides options to produce other well known
age-adjusted inequality measures, such as the Paglin-Gini (Paglin, 1975) and the
Wertz-Gini (Wertz, 1977), and provides efficient estimation of the classical Gini
coefficient.
Description
With permission from publisher - StataCorp
http://www.stata-journal.com/