This paper analyzes the relationship between bipolarization and inequality, welfare and poverty measures. First, we … clarify the similarities and differences between bipolarization and inequality measures. Second, it is shown that … bipolarization is the difference between the welfare levels of the richer and poorer income groups when feelings of identification …

We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare …? 3) What is the impact of proequality public policies upon growth and welfare? As regards the first question, the …

This paper examines the relationship between inequality and happiness through the lens of heterogeneous values, beliefs … to a shared set of rules, regardless of background and circumstances. These traits matter when it comes to how inequality … compatriot tend to dislike inequality. With reference to moderation, inequality aversion can be read in terms of a desire for …

Do people care about income inequality and does income inequality affect subjective wellbeing? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found … such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in …

The interplay of between- and within-country inequality, the relative contribution of each to overall global inequality … avenue for economic research. Drawing conclusions from aggregate inequality indices such as the Gini and Theil reduces the … highly complex nature of global inequality to a single coefficient and makes it impossible to take a nuanced view of how …

inequality for policymakers and citizens to track. …

Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity – driven by circumstances at birth - has a negative effect on subsequent growth. Results are …

GDP, whereas in Mexico and Peru they are around 20 percent. Social spending (excluding contributory pensions) as a share … of GDP ranges from 17 percent in Brazil to 5.2 percent in Peru. Second, social spending does not accrue to the richest …