flexible tools that integrate these two strands. This is achieved using a measure of inequality that merges the well-known Gini … inequality-change approach and a money-metric cost-of-inequality approach are developed. The latter approach makes aggregate …

poverty, welfare and inequality. This includes estimators of most of the poverty indices currently in use, as well as …, inequality or social welfare is greater in one distribution than in another for general classes of indices. We also derive the …

incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada’s tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …

measurement of inequality and social welfare. In particular, we show that the more progressive a tax system, the more equal the … system, the greater the degree of relative inequality aversion, the greater the progressivity index. We also discuss the link … between inequality of gross income and tax progressivity. A by-product is the derivation of a general class of inequality …