Given that well-being is a concave function of income, inequality is inefficient from a utilitarian perspective. This …

wages tend to increase (i) unemployment, (ii) functional income inequality, and (iii) personal income inequality. We further …

will certainly not worsen income inequality. While the United States as a whole would benefit from the TPP, there is a case …

distribution including earnings inequality. In addition, we correlate component membership with worker type to provide a tacit link …

changes at the extremes of the distribution might obscure inequality's actual dimension, and thereby help perpetuate it. To … avoid this, the present paper discusses a complementary indicator for the measurement of inequality: the ratio of the income …