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Thinking about Inequality: Personal Judgment and Income Distributions

Thinking about Inequality: Personal Judgment and Income Distributions

Paperback

Economics

ISBN10: 0521466962
ISBN13: 9780521466967
Publisher: Cambridge University Press
Published: Dec 9 1999
Pages: 196
Weight: 0.71
Height: 0.42 Width: 6.69 Depth: 9.61
Language: English
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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Economics