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This paper is a review of the recent advances in the measurement of inequality. Inequality can have several dimensions. Economists are mostly concerned with the income and consumption dimensions of inequality. Several inequality indices including the most widely used index of inequality namely...
Persistent link: https://www.econbiz.de/10010261969
This review covers a range of measures and methods frequently employed in empirical analysis of global income inequality and global income distribution. Different determinant factors along with quantification of their impacts and empirical results from different case studies are presented. These...
Persistent link: https://www.econbiz.de/10010262018
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at regions defined as equivalent of continental and sub-continental levels. We investigate the economic disparity between...
Persistent link: https://www.econbiz.de/10010262022
Despite a broad consensus on the need to take into account the value of public services in distributional analysis, there is little reliable evidence on how the inclusion of such non-cash income actually affects poverty and inequality estimates. In particular, the equivalence scales applied to...
Persistent link: https://www.econbiz.de/10010269774
This paper investigates the gendered effects of the cost-of-living crisis on households across six European countries using household consumption data linked to price changes between April 2021 and July 2023. It examines how different consumption patterns between male- and female-headed...
Persistent link: https://www.econbiz.de/10014534050
This paper disentangles the distributional and welfare impact of price changes since the start of the cost of living crisis for a subset of European countries with different welfare regimes and price changes. It decomposes the impact of inflation and measures welfare changes using the...
Persistent link: https://www.econbiz.de/10013470501
Is horizontal equity (HE) the "most widely accepted principle of equity"? Or does it stand in "opposition to the advancement of human welfare"? This paper argues that the case for the HE principle is not as straightforward as is usually thought and that it requires advanced notions of justice...
Persistent link: https://www.econbiz.de/10005566806
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...
Persistent link: https://www.econbiz.de/10011307312
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at the national level but the focus is on the within country regional inequality. Regional inequality in income distribution in...
Persistent link: https://www.econbiz.de/10010262053
After an economically tough start into the new millennium, Germany experienced an unprecedented employment boom after 2005 only stopped by the COVID-19 pandemic. Persistently high levels of inequality despite a booming labour market and drastically falling unemployment rates constituted a...
Persistent link: https://www.econbiz.de/10012597503