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Thinking about Inequality: Personal Judgment and Income Distributions
 
 
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Thinking about Inequality: Personal Judgment and Income Distributions [Paperback]

Yoram Amiel (Author), Frank Cowell (Author)

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Book Description

January 28, 2000
What is inequality? In recent years there has been an explosion of interest in the subject that has yielded a substantial body of formal tools and results for income-distribution analysis. But does the standard axiomatic structure coincide with public perceptions of inequality? Or is the economist's concept of inequality a thing apart, perpetuated through serial brainwashing in the way the subject is studied and taught? Amiel and Cowell examine the evidence from a large international questionnaire experiment using student respondents. Along with basic "cake-sharing" issues, related questions involving social-welfare rankings, the relationship between inequality and overall income growth and the meaning of poverty comparisons are considered.

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Editorial Reviews

Review

' ... provides a neat and comprehensible introduction to the principles of the modern approach to inequality measurement.' Economic Journal

Book Description

This upper level textbook and research resource for scholars and policy makers offers a non-technical analysis of inequality and income distribution. It deals with the way that broad ideas about the meaning of inequality are translated into specific statistical tools and with the appropriateness of the assumptions used in the literature. Along with 'cake-sharing' issues Cowell and Amiel consider social welfare, the relationship between inequality and growth and the meaning of poverty comparisons.

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Inside This Book (learn more)
First Sentence:
Thinking about inequality is not always a fashionable topic amongst economists. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
please write your new response, note your new response, inequality questionnaire, unbalanced enrichment, welfare questionnaire, decomposability principle, translation independence, distributional orderings, inequality map, amalgamated state, social welfare comparisons, anonymity axiom, inequality rankings, inequality comparisons, focus axiom, distributional judgments, needs income level, distributional comparisons, thinking about inequality, fundamental partition, numerical questions, anonymity principle, transfer principle, same total income, poverty comparisons
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Tel Aviv, Hebrew Univ, Southern Methodist, World Bank
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