Open AccessJournal Article
Understanding income inequality: concept, causes and measurement
TLDR
In this paper, the authors provide a logical delimitation of the subject of analysis in order to reach hermeneutic consistency and review the most important theoretical causes of income inequality.Abstract:
This paper contributes to the understanding of the phenomenon of income inequality by first providing a logical delimitation of the subject of analysis in order to reach hermeneutic consistency; second, by reviewing the most important theoretical causes of income inequality as evidence of the enormous intricacy of this phenomenon and its multifacetic nature; third, by describing the most important instruments of income inequality metrics, with emphasis on the different objective measures available in the literature and the way they are calculated. Special importance is given to the Gini coefficient due to its generalized application in empirical studies.read more
Citations
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Economic growth and income inequality
Michael Bleaney,Akira Nishiyama +1 more
TL;DR: This article investigated whether income inequality affects subsequent growth in a cross-country sample for 1965-90, using the models of Barro (1997), Bleaney and Nishiyama (2002) and Sachs and Warner (1997) with negative results.
Journal Article
Freefall: America, Free Markets, and the Sinking of the World Economy
TL;DR: Stiglitz's Freefall as mentioned in this paper is another excellent discussion of the global economic crisis, authored by a man who ranks high among the commentators, and is a member of the Council of Economic Advisors of the United Nations.
Journal ArticleDOI
Is it all about the tails? The Palma measure of income inequality
Alex Cobham,Andy Sumner +1 more
TL;DR: The Palma as mentioned in this paper is the ratio of national income shares of the top 10 percent of households to the bottom 40 percent, reecting Gabriel Palma's observation of the stability of the \middle" 50 percent share of income across countries so that distribution is largely a question of the tails.
Journal ArticleDOI
Influence of climate change impacts and mitigation costs on inequality between countries
TL;DR: In this article, the authors show that the uncertainties associated with socioeconomic assumptions and damage estimates are the main drivers of future inequalities and investigate under which conditions the cascading effects of these uncertainties can counterbalance the projected convergence of countries' incomes.
Journal ArticleDOI
Income Inequality and Homicide in the United States Consistency Across Different Income Inequality Measures and Disaggregated Homicide Types
Aki Roberts,Dale Willits +1 more
TL;DR: This paper found that all measures of income inequality had significant and positive associations with both overall and specific homicide rates in 208 large U.S. cities and found that they correlated highly with each other.
References
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Journal ArticleDOI
Male-Female Wage Differentials in Urban Labor Markets
TL;DR: In this article, the authors estimate the average extent of discrimination against female workers in the United States and provide a quantitative assessment of the sources of male-female wage differentials in the same occupation.
Book ChapterDOI
Economic Growth and Income Inequality
TL;DR: The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors as mentioned in this paper, and on more advanced levels of development inequality starts decreasing and industrialized countries are again characterized by low inequality due to the smaller weight of agriculture in production and income generation.
Book
The Economics of Welfare
TL;DR: Aslanbeigui et al. as mentioned in this paper discussed the relationship between the national dividend and economic and total welfare, and the size of the dividend to the allocation of resources in the economy and the institutional structure governing labor market operations.
Journal ArticleDOI
On the Measurement of Inequality
TL;DR: In this paper, the problem of comparing two frequency distributions f(u) of an attribute y which for convenience I shall refer to as income is defined as a risk in the theory of decision-making under uncertainty.
Economic growth and income inequality
Michael Bleaney,Akira Nishiyama +1 more
TL;DR: This article investigated whether income inequality affects subsequent growth in a cross-country sample for 1965-90, using the models of Barro (1997), Bleaney and Nishiyama (2002) and Sachs and Warner (1997) with negative results.