Anthony Shorrocks Explained
Anthony F. Shorrocks is a British development economist.
Academic career
Between January 2001 and April 2009 he was Director of UNU-WIDER.Prior to that he was Professor at the London School of Economics and before that he worked at the University of Essex. He has also had several visiting appointments in the US, Canada, Italy, and Russia.[1]
He has many publications in leading economic journals on income and wealth distribution, inequality, poverty, and mobility.[2] [3]
Education
His first degree was a B.Sc. in Mathematics from the University of Sussex. This was followed by a Masters in Economics from Brown University. He took his Ph.D. in Economics at the London School of Economics in 1973 (being awarded the Bowley Prize in 1975).[4]
Shorrocks index
In 1978, he introduced a measure based on income Gini coefficients to estimate income mobility.[5] This measure, generalized by Maasoumi and Zandvakili,[6] is now generally referred to as Shorrocks index, sometimes as Shorrocks mobility index or Shorrocks rigidity index. It attempts to estimate whether the income inequality Gini coefficient is permanent or temporary, and to what extent a country or region enables economic mobility to its people so that they can move from one (e.g. bottom 20%) income quantile to another (e.g. middle 20%) over time. In other words, Shorrocks index compares inequality of short-term earnings such as annual income of households, to inequality of long-term earnings such as 5-year or 10-year total income for same households.
Professional recognition
He has been elected to be a Fellow of the Econometric Society.
Noted works
Books
- Book: Shorrocks . A.F. . Blackorby . C. . Collected works of W.M. Gorman . Clarendon Press Oxford University Press . Oxford New York . 1995 . 9780198285212 .
- Book: Shorrocks . A.F. . van der Hoeven . Rolph . Rolph van der Hoeven . Perspectives on growth and poverty . United Nations University Press . Tokyo New York . 2003 . 9789280810912 .
- Book: Shorrocks . A.F. . van der Hoeven . Rolph . Rolph van der Hoeven . Growth, inequality, and poverty: prospects for pro-poor economic development . Oxford University Press . Oxford New York . 2004 . 9780199268658 . registration .
- Book: Shorrocks . Anthony . Mavrotas . George . Advancing development: core themes in global economics . Palgrave Macmillan in association with the United Nations University World Institute for Development Economics Research . Houndmills, Basingstoke Hampshire New York . 2007 . 9780230019027 .
Journal articles
- Shorrocks . Anthony . Income inequality and income mobility . Journal of Economic Theory . 19 . 2 . 376–393 . 10.1016/0022-0531(78)90101-1 . December 1978 .
- Shorrocks . Anthony . Wan . Guanghua . Wan Guanghua . Spatial decomposition of inequality . Journal of Economic Geography . 5 . 1 . 59–81 . 10.1093/jnlecg/lbh054 . January 2005 . 10419/52738 . free .
External links
Notes and References
- Web site: Anthony Shorrocks: Former Director. World Institute for Development Economics Research. 4 October 2014.
- http://www.ophi.org.uk/pubs/OPHI%20Robustness%20workshop%20participant%20bios.pdf OPHI biography.
- Web site: Appendix, biographies of the authors: Anthony Shorrocks. www.credit-suisse.com. Credit Suisse. 4 October 2014. https://web.archive.org/web/20160303231001/https://www.credit-suisse.com/upload/news-live/000000022234.pdf. 3 March 2016. dead.
- Web site: UK Prof. Anthony Shorrocks appointed UNU/WIDER director. press release. United Nations University. 19 December 2000. 4 October 2014.
- Shorrocks . Anthony . Income inequality and income mobility . Journal of Economic Theory . 19 . 2 . 376–393 . 10.1016/0022-0531(78)90101-1 . December 1978 .
- Maasoumi . Esfandiar . Zandvakili . Sourushe . A class of generalized measures of mobility with applications . Economics Letters . 22 . 1 . 97–102 . 10.1016/0165-1765(86)90150-3 . 1986 .
