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The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
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Index of refraction is found to be a good measure of economic inequality within the Lorenz curve framework. It has … of wealth or income in different strata. In line with this analogy, first I compute refractive index for each stratum …. While an index value of less than 1.00 represents an ‘anomalous refraction' in optics, such a condition of inequality …
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