Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an ...
So we need to pick the best metric possible. For years, the number used to measure inequality has been the Gini coefficient. It’s not hard to see why, given its alluring simplicity: 0 denotes ...
This makes the Gini Index a measure of equality, and a Gini Index of one represents inequality. The Gini Index was developed ...
And yet inequality levels and trends are not fully captured by ... Beyond the UK, the research and resulting ONS revisions have stimulated debate about income distribution measurement among other ...
Economists should measure inequality by reference to social income, which includes non-wage, state, community and private benefits. Those benefits are worth a lot. Their loss reflected the growth ...
This paper proposes a research programme for extending the wage-labour related component of Marx’s critique of classical political economy, by utilizing the data generated on wageless-labour in gender ...
The topics covered include measurement of inequality, poverty, and mobility; setting poverty thresholds and equivalence scales; data sources and their quality; empirical illustrations considering ...
The severe impact of the COVID-19 pandemic is clearly seen in the numbers: more than 3.1 million deaths and rising, 120 million people pushed into extreme poverty, and a massive global recession. As ...
"A lot of people would say, when you see (economic inequality), it's a measure that capitalism is working." But, he adds, "It's a question of: How unequal should it be? A lot of people are ...
A pair of researchers recently published a report outlining an alternative measure of gender inequality. The paper, by Gigster Stoet of the University of Essex and David Geary of the University of ...
One of the puzzling aspects about inequality in Egypt is that the measurement of monetary inequality by means of household surveys does not seem to match perceptions. The book aims at elucidating this ...
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