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Measuring Inequality (London School of Economics Perspectives in Economic Analysis)
Frank Cowell
[PDF.xx96] Measuring Inequality (London School of Economics Perspectives in Economic Analysis)
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| #1992505 in eBooks | 2011-01-27 | 2011-01-27 | File type: PDF|||It complements contemporary theoretical developments THES|About the Author||Frank Cowell is editor of Economica, and Associate Editor of the Journal of Economic Inequality. His research interests include income and wealth
What do we mean by inequality comparisons? If the rich just get richer and the poor get poorer, the answer might seem easy. But what if the income distribution changes in a complicated way? Can we use mathematical or statistical techniques to simplify the comparison problem in a way that has economic meaning? What does it mean to measure inequality? Is it similar to National Income? Or a price index? Is it enough just to work out the Gini coefficient?
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