Stata Technical Bulletin
11
Atkinson indices, A(e), where e > 0 is the inequality aversion parameter
----------+-----------------------------------
All obs I A(0.5) A(I) A(2)
----------+-----------------------------------
I 0.09294 0.17622 0.88009
----------+-----------------------------------
Subgroup summary statistics, for each subgroup к = !,...,K:
|
----------+-. Tenure of ∣ HH I |
Pop. share |
Mean |
Rel.mean |
Income share |
— log(mean) |
|
Social r I |
0.22858 |
139.71280 |
0.59763 |
0.13661 |
4.93959 |
|
Other re I |
0.07177 |
215.92972 |
0.92366 |
0.06629 |
5.37495 |
|
Owned:mo I |
0.50177 |
279.24060 |
1.19448 |
0.59935 |
5.63207 |
|
Owned: ou I |
0.19789 |
233.61986 |
0.99933 |
0.19775 |
5.45370 |
Subgroup indices: GE_k(a) and Gini_k
|
----------+— Tenure of ∣ HH I |
GE(-1) |
GE(O) |
GE(I) |
GE (2) |
— Gini |
|
Social r I |
0.13500 |
0.09188 |
0.09317 |
0.11616 |
— 0.22864 |
|
Other re I |
0.25743 |
0.18018 |
0.17526 |
0.21131 |
0.32182 |
|
Owned:mo I |
8.32796 |
0.16025 |
0.15448 |
0.19913 |
0.29406 |
|
Owned: ou I |
0.30608 |
0.22835 |
0.29114 |
0.85230 |
0.35977 |
Within-group inequality, GE_W(a)
|
----------+— All obs I |
GE(-1) |
GE(O) |
GE(I) |
— GE (2) |
|
I |
3.63059 |
0.15953 |
0.17450 |
0.33342 |
Between-group inequality, GE.B(a):
|
----------+— All obs I |
GE(-1) |
GE(O) |
GE(I) |
— GE (2) |
|
I |
0.03913 |
0.03433 |
0.03079 |
— 0.02820 |
|
Subgroup Atkinson indices, |
A.k(e) |
— | ||
|
Tenure of ∣ |
— | |||
|
HH I |
A(0.5) |
A(I) |
A(2) | |
|
Social r I |
0.04454 |
0.08779 |
— 0.21260 | |
|
Other re I |
0.08447 |
0.16488 |
0.33987 | |
|
Owned:mo I |
0.07387 |
0.14807 |
0.94336 | |
|
Owned: ou I |
0.11666 |
0.20415 |
0.37971 | |
Within-group inequality, A_W(e)
|
----------+-------------- |
A(I) |
— A(2) | ||
|
All obs I |
A(0.5) | |||
|
— |
I |
0.07903 |
0.15204 |
0.69207 |
|
Between-group inequality, |
A.B(e) |
— | ||
|
— All |
obs I |
A(0.5) |
A(I) |
— A(2) |
|
— |
I |
0.01511 |
0.02852 |
0.61059 |
Almost 70% of the population are in households owning their own house, and this group is clearly much better off than
those in rented accommodations. Average income among owner households with a mortgage is about 20% the population average
income, in contrast with average income among social renters which is some 40% below the population average. Average income
is lower among owners-outright than among owners with a mortgage, most likely because the former group includes a much
higher proportion of older retired people.
According to most of the indices, inequality is greatest for the owned-outright group compared to the others (especially
for the more top-sensitive indices such as GE(2)) and it is lowest for the social-renting group. The former result is most likely
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