Trapeznikova, Ija - In: IZA World of Labor (2019)
Economists use various metrics for measuring income inequality. Here, the most commonly used measures—the Lorenz curve … limitations. Equally important is the choice of what to measure: pre-tax and after-tax income, consumption, and wealth are useful … indicators; and different sources of income such as wages, capital gains, taxes, and benefits can be examined. Understanding the …