The first part of the book covers topics such as relative deprivation and happiness, domains where even economists have now recognized the importance of reference groups in the assessment of individuals’ well-being. The second part is devoted to the concept of polarization, a growing field of inquiry among economists. The third part looks at income and wage intra-generational mobility, while the fourth part reports on recent advances in measuring the significant differences between and within groups. The book concludes with several chapters devoted to poverty and social exclusion, stressing in particular the need for a multidimensional approach to these topics.
This collection offers a fresh look at the way individual well-being should be measured, by emphasizing the role of reference groups and the idea of polarization, as well as stressing the impact on well-being of changes over time to the relative position of individuals. This book should be of interest to graduate students and researchers working in the field of development economics, inequality and poverty.
Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment.The volumes define and organize key areas of income distribution studiesContributors focus on identifying newly developing questions and opportunities for future researchThe authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance
The contributions to this volume cover various subfields of economics, and examine both the negative and positive spillover effects of economic integration on individuals, social groups and nations. Since the impact of globalization on the most deprived people is multidimensional in nature, the theoretical framework is extended to a multivariate context where several individual characteristics are simultaneously considered.
This original volume covers many important topics and features an impressive array of respected contributors. As such, it is sure to be an invaluable resource for postgraduates and professionals in the fields of political economy and economics.
from the perspective of distributional properties
This monograpg reviews a set of widely used summary inequality measures, and the lesser known relative distribution method provides the basic rationale behind each measure and discusses their interconnections. It also introduces model-based decomposition of inequality over time using quantile regression. This approach enables researchers to estimate two different contributions to changes in inequality between two time points.
Key FeaturesClear statistical explanations provide fundamental statistical basis for understanding the new modeling frameworkStraightforward empirical examples reinforce statistical knowledge and ready-to-use proceduresMultiple approaches to assessing inequality are introduced by starting with the basic distributional property and providing connections among approaches
This supplementary text is appropriate for any graduate-level, intermediate, or advanced statistics course across the social and behavioral sciences, as well as individual researchers.
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