When income inequality increases when average income levels increase, rises in average income levels might result in … inequality costs. This paper develops marginal social welfare measures that account for the possibility that income inequality … changes when average income levels change. Applications are given for the city of Amsterdam, The Netherlands. For this city …

income-related and income-caused health inequality. Participants allocate resources to determine health of individuals …. Identification comes from random variation in resource productivity and in information on income and its causal effect. We gather … maximisation objective of economic evaluation. Aversion to health inequality is even stronger when it is related to income. However …

We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing … social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality … yields predictions regarding the linkages between trade protection, country characteristics and inequality in Heckscher …

demonstrate how these preferences can aid policymaking, where difficult trade-offs emerge between equity and efficiency, average …

We examine linkages between aggregate household income, distribution of that income, and aggregate cross …-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in … average income) and national income dispersion (income distribution) effects. This yields insights for relevant aggregate …

There is a vast literature on the selection of an appropriate index of income inequality and on what desirable … to approximating the observed income distributions with extreme value hypothetical statistical distributions, such as the … Pareto distribution. But these income distribution functions (IDFs) continue to be described with a single index (such as the …