We investigate consumer choice where individuals care not only about the absolute values of consumption, but also about their status. This is defined as their ordinal rank in the distribution of consumption of one "positional" good. In such a situation, the consumer's problem becomes strategic...

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...

This paper is a review of recent developments of parametric and non-parametric approaches to decompose inequality by subgroups, income sources, causal factors and other unit characteristics. Different methods of decomposing changes in poverty into growth, redistribution, poverty standard and...

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...

This paper is a review of recent developments of parametric and non-parametric approaches to decompose inequality by subgroups, income sources, causal factors and other unit characteristics. Different methods of decomposing changes in poverty into growth, redistribution, poverty standard and...

This paper focuses on the importance data issues to the analysis of growth, poverty and economic inequality. We introduce a number of major databases frequently used in applied research on growth, poverty and global and international inequality. A discussion of data quality, data consistency,...

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...

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...