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Inequality of O pportunity in B razil: A Corrigendum
Author(s) -
Bourguig François,
Ferreira Francisco H. G.,
Menéndez Marta
Publication year - 2013
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/roiw.12045
Subject(s) - context (archaeology) , economics , inequality , econometrics , identification (biology) , parametric statistics , ex ante , economic inequality , variable (mathematics) , mathematical economics , mathematics , statistics , macroeconomics , mathematical analysis , paleontology , biology , botany
This note acknowledges and corrects a programming error in our paper “ I nequality of O pportunity in B razil” ( Review of Income and Wealth , 53(4), 585–618, 2007). Once the error is corrected, our bounds approach to the identification of individual model parameters in the presence of omitted variable biases is much less useful than indicated in the original paper. In the specific context of the measurement of inequality of opportunity, this implies that the decomposition of overall inequality of opportunity into direct and indirect effects is not reliable. However, the parametric approach introduced in our paper remains useful for obtaining a lower‐bound estimate of overall ex‐ante inequality of opportunity, as proposed by F erreira and G ignoux (2011).