Given the complexity of interaction between inflation and inequality, we examine whether the impact of inflation on inequality differs among distinct levels of income inequality across the US states. Results reveal that there is a negative contemporaneous effect of inflation on the inequality...

This paper studies the constructive nature of social welfare orders on infinite utility streams defined on X= Y^N, satisfying the Pigou-Dalton transfer principle (PD), which are known to be representable (see Alcantud (2010) and Sakamoto (2012)).We describe the restrictions on domain Y for...

Using quarterly real GDP data from 2005 to 2019 for all U. S. states from the Bureau of Economic Analysis, we construct an economic inequality measure which is additively decomposable into within and between-region inequality. We find increases in economic disparity in terms of total real GDP...

Understanding within and between group inequality is fundamental in understanding the evolution of income inequality in any country. Using a century of data for France, and the Theil measure of income inequality, which is decomposable, we show that income inequality within the bottom 90\%...

We propose an extended version of Gini index defined on the set of infinite utility streams, $X=Y^\N$ where $Y\subset \R$.For $Y$ containing at most finitely many elements, the index satisfies the generalized Pigou-Dalton transfer principles in addition to the anonymity axiom