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case studies rather than cross-country regression analysis; (ii) the phenomenon of increasing inequality; (iii) different …) alternative modes of redistribution in face of inequality increasing tendencies. …
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This paper shows the power of applying Shannon’s (1948) information theory perspective to inequality measurement by … inequality, which Theil (1967) himself derived with reference to information theory and entropy but did not then explore further …
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To what extent can increasing inequality be explained by globalization? And if there is a connection, what if anything … can and should be done about it? This chapter begins with an overview of how conventional trade theory has fared in … predicting changes in inequality and how it has needed to be extended and expanded when, contrary to some received wisdom …
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