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Measuring Inequality (London School of Economics Perspectives in Economic Analysis)

Frank Cowell




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 | #1364979 in Books |  Cowell Frank A |  2011-03-22 |  2011-02-04 | Original language:English | PDF # 1 |  6.10 x.60 x9.10l,.88 | File type: PDF | 256 pages

 | Measuring Inequality

||0 of 0 people found the following review helpful.| Five Stars|By MaXXXXX|Greate

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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