The Gini index is the most widely accepted inequality measure across the Globe, with almost all governmental and … international agencies using it to summarise income or wealth inequality in a nation or the world. Although originally developed to …

This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …

people at the lower end of income distribution will graduate into the middle class category. The increase in poverty rates …

poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper, we address this shortcoming by developing a new …