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Much of the literature on inequality, both that on the theoretical features of inequality measurement and that on the discussion of the results of empirical analysis, has preferred to focus on income inequality. This paper looks into the analysis of wealth inequality, which can be performed by...
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We explore the relationship between import protection and the household distribution of income. We first develop a general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between tariffs, development level, and observed household...
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Economists use various metrics for measuring income inequality. Here, the most commonly used measures-the Lorenz curve, the Gini coefficient, decile ratios, the Palma ratio, and the Theil index-are discussed in relation to their benefits and limitations. Equally important is the choice of what...
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