Brunori, Paolo
[VerfasserIn]
;
Hufe, Paul
[Sonstige Person, Familie und Körperschaft];
Mahler, Daniel Gerszon
[Sonstige Person, Familie und Körperschaft]
The Roots of Inequality
: Estimating Inequality of Opportunity from Regression Trees
Erschienen in:World Bank Policy Research Working Paper ; No. 8349
Umfang:
1 Online-Ressource (35 p)
Sprache:
Englisch
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 20, 2018 erstellt
Beschreibung:
This paper proposes a set of new methods to estimate inequality of opportunity based on conditional inference regression trees. It illustrates how these methods represent a substantial improvement over existing empirical approaches to measure inequality of opportunity. First, the new methods minimize the risk of arbitrary and ad hoc model selection. Second, they provide a standardized way to trade off upward and downward biases in inequality of opportunity estimations. Finally, regression trees can be graphically represented; their structure is immediate to read and easy to understand. This will make the measurement of inequality of opportunity more easily comprehensible to a large audience. These advantages are illustrated by an empirical application based on the 2011 wave of the European Union Statistics on Income and Living Conditions