We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the … gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy. …

Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality … to Theil's first and second inequality indices respectively. The LR values may either be used as a test statistic or to …. The answer to the process versus outcomes critique is thus not to stop calculating inequality measures, but to interpret …

Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality … to Theil's first and second inequality indices respectively. The LR values may either be used as a test statistic or to …. The answer to the process versus outcomes critique is thus not to stop calculating inequality measures, but to interpret …

end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …

. Inequality and poverty changes were not affected by imputation. We took advantage of the methodology proposed to input rents and … methods. In 2015, 2.5 per cent of the sample had per capita incomes imputed, resulting in slightly higher levels of inequality …

This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …

addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …

. Various forms of poverty, inequality, polarization and income mobility structures are considered and much of the conventional …