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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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A long literature on inter-distributional inequality (IDI) has developed statistical tools for measuring the extent of inequality between two groups (e.g. men versus women). Firstly, I introduce the property of group-specific disadvantage focus (GDF). Indices satisfying this property are only...
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