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Measuring Inequality

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Author Info

  • Cowell, Frank

    (Professor of Economics, London School of Economics and Political Science, UK)

Abstract

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? Measuring Inequality tackles these questions and examines the underlying principles of inequality measurement and its relation to welfare economics, distributional analysis, and information theory. The book covers modern theoretical developments in inequality analysis, as well as showing how the way we think about inequality today has been shaped by classic contributions in economics and related disciplines. Formal results and detailed literature discussion are provided in two appendices. The principal points are illustrated in the main text, using examples from US and UK data, as well as other data sources, and associated web materials provide hands-on learning. Measuring Inequality is designed to appeal to both undergraduate and post-graduate students, and academic economists. Its emphasis on practical application means that it will also be useful to policy analysts and advisors.

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Bibliographic Info

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This book is provided by Oxford University Press in its series OUP Catalogue with number 9780199594047 and published in 2011.

Edition: 3
ISBN: 9780199594047
Order: http://ukcatalogue.oup.com/product/9780199594047.do
Handle: RePEc:oxp:obooks:9780199594047

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Cited by:
  1. Bhuller, Manudeep & Mogstad, Magne & Salvanes, Kjell G., 2011. "Life-Cycle Bias and the Returns to Schooling in Current and Lifetime Earnings," IZA Discussion Papers 5788, Institute for the Study of Labor (IZA).
  2. V. Peragine & F. Palmisano & P. Brunori, 2011. "Economic growth and equality of opportunity," series 0037, Dipartimento di Scienze Economiche e Metodi Matematici - Università di Bari, revised Oct 2011.
  3. Fernandes, Cristina & Crespo, Nuno & Simoes, Nadia, 2013. "Poverty, Richness, and Inequality: Evidence for Portugal Using a Housing Comfort Index," MPRA Paper 52456, University Library of Munich, Germany.
  4. Rose, Richard & Bernhagen, Patrick & Borz, Gabriela, 2012. "Evaluating competing criteria for allocating parliamentary seats," Mathematical Social Sciences, Elsevier, vol. 63(2), pages 85-89.
  5. Holger Breinlich & Gianmarco I. P. Ottaviano & Jonathan R. W. Temple, 2013. "Regional growth and regional decline," LSE Research Online Documents on Economics 51575, London School of Economics and Political Science, LSE Library.
  6. Aretz, Bodo, 2013. "Gender differences in German wage mobility," ZEW Discussion Papers 13-003, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  7. Jordi Teixidó-Figueras & Juan Antonio Duro, 2014. "Spatial Polarization of the Ecological Footprint distribution," Working Papers XREAP2014-02, Xarxa de Referència en Economia Aplicada (XREAP), revised Feb 2014.
  8. Frank Bickenbach & Wan-Hsin Liu & Peter Nunnenkamp, 2013. "Regional Concentration of FDI in Post-reform India: A District-level Analysis," Kiel Working Papers 1854, Kiel Institute for the World Economy.
  9. Hajargasht, Gholamreza & Griffiths, William E., 2013. "Pareto–lognormal distributions: Inequality, poverty, and estimation from grouped income data," Economic Modelling, Elsevier, vol. 33(C), pages 593-604.
  10. Aretz, Bodo, 2013. "Gender Differences in German Wage Mobility," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80003, Verein für Socialpolitik / German Economic Association.
  11. Mehdi, Tahsin & Stengos, Thanasis, 2014. "Empirical likelihood-based inference for the generalized entropy class of inequality measures," Economics Letters, Elsevier, vol. 123(1), pages 54-57.
  12. Shatakshee Dhongde & Xing Miao, 2013. "Cross-Country Convergence in Income Inequality," Working Papers 290, ECINEQ, Society for the Study of Economic Inequality.
  13. World Bank, 2012. "Well Begun, Not Yet Done : Vietnam's Remarkable Progress on Poverty Reduction and the Emerging Challenges," World Bank Other Operational Studies 12326, The World Bank.
  14. Jordá , Vanesa & Trueba, Carmen & Sarabia, Jose Maria, 2014. "Análisis multidimensional de la desigualdad en el marco del desarrollo humano/Multidimensional Analysis of Inequality under the Human Development Framework," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 32, pages 765-788, Mayo.
  15. Harling, Guy & Subramanian, S.V. & Bärnighausen, Till & Kawachi, Ichiro, 2014. "Income inequality and sexually transmitted in the United States: Who bears the burden?," Social Science & Medicine, Elsevier, vol. 102(C), pages 174-182.

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