TY - JOUR
T1 - Corrigendum to Inequality of Opportunity in Brazil [Review of Income and Wealth, 53(4), (2007), 585-618]
AU - Bourguignon, François
AU - Ferreira, Francisco H.G.
AU - Menéndez, Marta
PY - 2013/9
Y1 - 2013/9
N2 - This note acknowledges and corrects a programming error in our paper "Inequality of Opportunity in Brazil" (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 Ferreira and Gignoux (2011).
AB - This note acknowledges and corrects a programming error in our paper "Inequality of Opportunity in Brazil" (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 Ferreira and Gignoux (2011).
KW - Brazil
KW - Inequality of opportunities
KW - Omitted variable bias
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U2 - 10.1111/roiw.12045
DO - 10.1111/roiw.12045
M3 - Comment/debate
AN - SCOPUS:84881318279
VL - 59
SP - 551
EP - 555
JO - Review of Income and Wealth
JF - Review of Income and Wealth
SN - 0034-6586
IS - 3
ER -