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 …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

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 …

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

. 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 …

. Various forms of poverty, inequality, polarization and income mobility structures are considered and much of the conventional … GDP per capita in the continent of Africa. -- Stochastic processes ; poverty ; inequality ; wellbeing measurement …

. Various forms of poverty, inequality, polarization and income mobility structures are considered and much of the conventional … GDP per capita in the continent of Africa. -- stochastic processes ; poverty ; inequality ; wellbeing measurement …

technological non convexity exists. It follows that certain households are poverty trapped, that the initial distribution of wealth …

In this paper, we propose to use the so-called Sen-Shorrocks poverty index (Shorrocks, 1995) to measure …, the most common case in the literature, and introduce a rank-dependent multidimensional poverty index for multiple binary … multidimensional deprivation using the MDI is that this index is sensitive to inequality and can be fully broken down by deprivation …