Measuring Inequality
Series: London School of Economics Perspectives in Economic Analysis;
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Product details:
- Edition number 3
- Publisher OUP Oxford
- Date of Publication 27 January 2011
- ISBN 9780199594030
- Binding Hardback
- No. of pages256 pages
- Size 241x165x20 mm
- Weight 542 g
- Language English
- Illustrations 61 Figures, 19 Tables 0
Categories
Short description:
This book deals with the theoretical and practical problems involved in measuring the extent of inequality. The book covers modern theoretical developments in inequality analysis, and shows how the way we think about inequality has been shaped by classic contributions in economics and related disciplines.
MoreLong description:
What do we mean by inequality comparisons? If the rich just get richer and the poor get poorer, the answer might seem easy. But what if the income distribution changes in a complicated way? Can we use mathematical or statistical techniques to simplify the comparison problem in a way that has economic meaning? What does it mean to measure inequality? Is it similar to National Income? Or a price index? Is it enough just to work out the Gini coefficient?
Measuring Inequality tackles these questions and examines the underlying principles of inequality measurement and its relation to welfare economics, distributional analysis, and information theory. The book covers modern theoretical developments in inequality analysis, as well as showing how the way we think about inequality today has been shaped by classic contributions in economics and related disciplines. Formal results and detailed literature discussion are provided in two appendices. The principal points are illustrated in the main text, using examples from US and UK data, as well as other data sources, and associated web materials provide hands-on learning.
Measuring Inequality is designed to appeal to both undergraduate and post-graduate students, and academic economists. Its emphasis on practical application means that it will also be useful to policy analysts and advisors.
It complements contemporary theoretical developments
Table of Contents:
First Principles
Charting Inequality
Analysing Inequality
Modelling Inequality
From Theory to Practice
Technical Appendix 26
Notes on Sources and Literature
