1. On Analyzing the World Distribution of Income
- Author
-
Anthony B. Atkinson and Andrea Brandolini
- Subjects
Economics and Econometrics ,inequality ,income distribution ,per capita growth ,Development ,empirical level ,economic analysis ,inequality measure ,Microeconomics ,Economic inequality ,Income distribution ,Accounting ,Economics ,Social inequality ,incomes ,Median income ,poverty reduction ,Gini coefficient ,measuring income inequality ,growth rates ,income differences ,economic research ,gini coefficient ,economic growth ,economic review ,per capita income ,income ,Income inequality metrics ,inequality measures ,measuring poverty ,Measuring poverty ,measuring inequality ,Finance ,Poverty threshold - Abstract
Consideration of world inequality should cause reexamination of the key concepts underlying the welfare approach to measuring income inequality and its relation to measuring poverty. This reexamination leads to exploration of a new measure that allows poverty and inequality to be considered in the same framework, incorporates different approaches to measuring inequality, and allows varied expressions of the cost of inequality. Applied to the world distribution of income for 1820--1992, the new measure provides different perspectives on the evolution of global inequality. Copyright The Author 2010. Published by Oxford University Press on behalf of the International Bank for Reconstruction and Development / the world bank . All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org, Oxford University Press.
- Published
- 2010