Anthony Shorrocks


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Anthony F. Shorrocks is a British development economist.

Anthony Shorrocks

AnthonyShorrocksProfilePhoto1
Born30 October 1946 (age 77)

London, England

Academic career
FieldDevelopment economics
Alma materUniversity of Sussex (BSc)
Brown University (MA)
London School of Economics (PhD)
Doctoral
advisor
Frank Hahn
Terence Gorman

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]

 
Shorrocks together with Tarja Halonen, then President of Finland

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]

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

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He has been elected to be a Fellow of the Econometric Society.[2]

  • Shorrocks, Anthony; Wan, Guanghua (2009), "Ungrouping income distributions: synthesizing samples for inequality and poverty analysis", in Kanbur, Ravi; Basu, Kaushik (eds.), Arguments for a better world: essays in honor of Amartya Sen | Volume I: Ethics, welfare, and measurement, Oxford New York: Oxford University Press, pp. 414–434, ISBN 9780199239115
  1. ^ "Anthony Shorrocks: Former Director". World Institute for Development Economics Research. Retrieved 4 October 2014.
  2. ^ a b OPHI biography.[permanent dead link]
  3. ^ "Appendix, biographies of the authors: Anthony Shorrocks" (PDF). www.credit-suisse.com. Credit Suisse. Archived from the original (PDF) on 3 March 2016. Retrieved 4 October 2014.
  4. ^ "UK Prof. Anthony Shorrocks appointed UNU/WIDER director" (press release). United Nations University. 19 December 2000. Retrieved 4 October 2014.
  5. ^ Shorrocks, Anthony (December 1978). "Income inequality and income mobility". Journal of Economic Theory. 19 (2): 376–393. doi:10.1016/0022-0531(78)90101-1.
  6. ^ Maasoumi, Esfandiar; Zandvakili, Sourushe (1986). "A class of generalized measures of mobility with applications". Economics Letters. 22 (1): 97–102. doi:10.1016/0165-1765(86)90150-3.