Measuring Inequality

Measuring Inequality

Author: Frank Cowell

Publisher: OUP Oxford

Published: 2011-01-27

Total Pages: 256

ISBN-13: 0191625124

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What do we mean by inequality comparisons? If the rich just get richer and the poor get poorer, the answer might seem easy. But what if the income distribution changes in a complicated way? Can we use mathematical or statistical techniques to simplify the comparison problem in a way that has economic meaning? What does it mean to measure inequality? Is it similar to National Income? Or a price index? Is it enough just to work out the Gini coefficient? Measuring Inequality tackles these questions and examines the underlying principles of inequality measurement and its relation to welfare economics, distributional analysis, and information theory. The book covers modern theoretical developments in inequality analysis, as well as showing how the way we think about inequality today has been shaped by classic contributions in economics and related disciplines. Formal results and detailed literature discussion are provided in two appendices. The principal points are illustrated in the main text, using examples from US and UK data, as well as other data sources, and associated web materials provide hands-on learning. Measuring Inequality is designed to appeal to both undergraduate and post-graduate students, and academic economists. Its emphasis on practical application means that it will also be useful to policy analysts and advisors.


Book Synopsis Measuring Inequality by : Frank Cowell

Download or read book Measuring Inequality written by Frank Cowell and published by OUP Oxford. This book was released on 2011-01-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do we mean by inequality comparisons? If the rich just get richer and the poor get poorer, the answer might seem easy. But what if the income distribution changes in a complicated way? Can we use mathematical or statistical techniques to simplify the comparison problem in a way that has economic meaning? What does it mean to measure inequality? Is it similar to National Income? Or a price index? Is it enough just to work out the Gini coefficient? Measuring Inequality tackles these questions and examines the underlying principles of inequality measurement and its relation to welfare economics, distributional analysis, and information theory. The book covers modern theoretical developments in inequality analysis, as well as showing how the way we think about inequality today has been shaped by classic contributions in economics and related disciplines. Formal results and detailed literature discussion are provided in two appendices. The principal points are illustrated in the main text, using examples from US and UK data, as well as other data sources, and associated web materials provide hands-on learning. Measuring Inequality is designed to appeal to both undergraduate and post-graduate students, and academic economists. Its emphasis on practical application means that it will also be useful to policy analysts and advisors.


Equality and Efficiency REV

Equality and Efficiency REV

Author: Arthur M. Okun

Publisher: Brookings Institution Press

Published: 2015-04-30

Total Pages: 171

ISBN-13: 0815726546

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Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers


Book Synopsis Equality and Efficiency REV by : Arthur M. Okun

Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers


A Measure of Equality

A Measure of Equality

Author: Great Britain. Commission for Racial Equality

Publisher:

Published: 1991

Total Pages: 52

ISBN-13: 9781854420589

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Book Synopsis A Measure of Equality by : Great Britain. Commission for Racial Equality

Download or read book A Measure of Equality written by Great Britain. Commission for Racial Equality and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The No-nonsense Guide to Women's Rights

The No-nonsense Guide to Women's Rights

Author: Nikki van der Gaag

Publisher: Verso

Published: 2004

Total Pages: 146

ISBN-13: 9781844675029

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How much has life really changed for women during the last decade? Has the womens movement affected women all over the world? Has it changed womens relationships with men? Nikki van der Gaag answers these questions with hard, sometimes disturbing, evidence. Many women have made huge leaps forwardin legal rights, political representation, employment, education, healthbut beneath the surface the statistics are shocking. Vivid testimonies from women and men around the world explain why, especially in this post-feminist age, womens rights are still very much an issue for men and women alike. "She has made a special effort to correct many of the misconceptions and biases related to the feminist movement, to link the liberation of women who constitute half of society to the liberation of men and to the dispossessed majority living on earth." from the introduction by Nawal El Saadawi


Book Synopsis The No-nonsense Guide to Women's Rights by : Nikki van der Gaag

Download or read book The No-nonsense Guide to Women's Rights written by Nikki van der Gaag and published by Verso. This book was released on 2004 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: How much has life really changed for women during the last decade? Has the womens movement affected women all over the world? Has it changed womens relationships with men? Nikki van der Gaag answers these questions with hard, sometimes disturbing, evidence. Many women have made huge leaps forwardin legal rights, political representation, employment, education, healthbut beneath the surface the statistics are shocking. Vivid testimonies from women and men around the world explain why, especially in this post-feminist age, womens rights are still very much an issue for men and women alike. "She has made a special effort to correct many of the misconceptions and biases related to the feminist movement, to link the liberation of women who constitute half of society to the liberation of men and to the dispossessed majority living on earth." from the introduction by Nawal El Saadawi


Equality of Opportunity

Equality of Opportunity

Author: John E. Roemer

Publisher: Harvard University Press

Published: 2009-07-01

Total Pages: 130

ISBN-13: 0674042875

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John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscrimination principle, states that in the competition for positions in society, individuals should be judged only on attributes relevant to the performance of the duties of the position in question. Attributes such as race or sex should not be taken into account. The second states that society should do what it can to level the playing field among persons who compete for positions, especially during their formative years, so that all those who have the relevant potential attributes can be considered. Common to both positions is that at some point the principle of equal opportunity holds individuals accountable for achievements of particular objectives, whether they be education, employment, health, or income. Roemer argues that there is consequently a "before" and an "after" in the notion of equality of opportunity: before the competition starts, opportunities must be equalized, by social intervention if need be; but after it begins, individuals are on their own. The different views of equal opportunity should be judged according to where they place the starting gate which separates "before" from "after." Roemer works out in a precise way how to determine the location of the starting gate in the different views.


Book Synopsis Equality of Opportunity by : John E. Roemer

Download or read book Equality of Opportunity written by John E. Roemer and published by Harvard University Press. This book was released on 2009-07-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscrimination principle, states that in the competition for positions in society, individuals should be judged only on attributes relevant to the performance of the duties of the position in question. Attributes such as race or sex should not be taken into account. The second states that society should do what it can to level the playing field among persons who compete for positions, especially during their formative years, so that all those who have the relevant potential attributes can be considered. Common to both positions is that at some point the principle of equal opportunity holds individuals accountable for achievements of particular objectives, whether they be education, employment, health, or income. Roemer argues that there is consequently a "before" and an "after" in the notion of equality of opportunity: before the competition starts, opportunities must be equalized, by social intervention if need be; but after it begins, individuals are on their own. The different views of equal opportunity should be judged according to where they place the starting gate which separates "before" from "after." Roemer works out in a precise way how to determine the location of the starting gate in the different views.


The Spirit Level

The Spirit Level

Author: Richard Wilkinson

Publisher: Bloomsbury Publishing USA

Published: 2011-05-03

Total Pages: 401

ISBN-13: 1608193411

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It is common knowledge that, in rich societies, the poor have worse health and suffer more from almost every social problem. This book explains why inequality is the most serious problem societies face today.


Book Synopsis The Spirit Level by : Richard Wilkinson

Download or read book The Spirit Level written by Richard Wilkinson and published by Bloomsbury Publishing USA. This book was released on 2011-05-03 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is common knowledge that, in rich societies, the poor have worse health and suffer more from almost every social problem. This book explains why inequality is the most serious problem societies face today.


Third World Education

Third World Education

Author: Anthony R. Welch

Publisher: Routledge

Published: 2002-05-03

Total Pages: 332

ISBN-13: 1135582629

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This book debunks the argument that quality in education can only be achieved by limiting, or trading off, equality. The quality of schooling is a major issue for Third World nations across the globe. However there is no single measure which is universally accepted. Whether it is, as some economists might argue, an issue of the number of desks per classroom or one of national sovereignty is widely disputed. Defining equality in education becomes increasingly difficult in an era of globalization in which there exists a wide gap between rich and poor, both within and between nations. In the context of an international move towards New Right politics and neo-liberal economic ideologies, both the quality and equality of education are imperiled. This book argues that any worthy definition of quality education must include the interests and participation of the underprivileged.


Book Synopsis Third World Education by : Anthony R. Welch

Download or read book Third World Education written by Anthony R. Welch and published by Routledge. This book was released on 2002-05-03 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book debunks the argument that quality in education can only be achieved by limiting, or trading off, equality. The quality of schooling is a major issue for Third World nations across the globe. However there is no single measure which is universally accepted. Whether it is, as some economists might argue, an issue of the number of desks per classroom or one of national sovereignty is widely disputed. Defining equality in education becomes increasingly difficult in an era of globalization in which there exists a wide gap between rich and poor, both within and between nations. In the context of an international move towards New Right politics and neo-liberal economic ideologies, both the quality and equality of education are imperiled. This book argues that any worthy definition of quality education must include the interests and participation of the underprivileged.


Equality

Equality

Author: Steven Frederik Hartkamp

Publisher:

Published: 1998

Total Pages: 330

ISBN-13: 9789090122540

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Book Synopsis Equality by : Steven Frederik Hartkamp

Download or read book Equality written by Steven Frederik Hartkamp and published by . This book was released on 1998 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:


From Here to Equality, Second Edition

From Here to Equality, Second Edition

Author: William A. Darity Jr.

Publisher: UNC Press Books

Published: 2022-07-27

Total Pages: 443

ISBN-13: 1469671212

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Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. At several historic moments, the trajectory of racial inequality could have been altered dramatically. But neither Reconstruction nor the New Deal nor the civil rights struggle led to an economically just and fair nation. Today, systematic inequality persists in the form of housing discrimination, unequal education, police brutality, mass incarceration, employment discrimination, and massive wealth and opportunity gaps. Economic data indicates that for every dollar the average white household holds in wealth the average black household possesses a mere ten cents. This compelling and sharply argued book addresses economic injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery. Using innovative methods that link monetary values to historical wrongs, William Darity Jr. and A. Kirsten Mullen assess the literal and figurative costs of justice denied in the 155 years since the end of the Civil War and offer a detailed roadmap for an effective reparations program, including a substantial payment to each documented U.S. black descendant of slavery. This new edition features a new foreword addressing the latest developments on the local, state, and federal level and considering current prospects for a comprehensive reparations program.


Book Synopsis From Here to Equality, Second Edition by : William A. Darity Jr.

Download or read book From Here to Equality, Second Edition written by William A. Darity Jr. and published by UNC Press Books. This book was released on 2022-07-27 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. At several historic moments, the trajectory of racial inequality could have been altered dramatically. But neither Reconstruction nor the New Deal nor the civil rights struggle led to an economically just and fair nation. Today, systematic inequality persists in the form of housing discrimination, unequal education, police brutality, mass incarceration, employment discrimination, and massive wealth and opportunity gaps. Economic data indicates that for every dollar the average white household holds in wealth the average black household possesses a mere ten cents. This compelling and sharply argued book addresses economic injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery. Using innovative methods that link monetary values to historical wrongs, William Darity Jr. and A. Kirsten Mullen assess the literal and figurative costs of justice denied in the 155 years since the end of the Civil War and offer a detailed roadmap for an effective reparations program, including a substantial payment to each documented U.S. black descendant of slavery. This new edition features a new foreword addressing the latest developments on the local, state, and federal level and considering current prospects for a comprehensive reparations program.


Sources and methods : labour statistics

Sources and methods : labour statistics

Author: International Labour Office

Publisher:

Published: 1999

Total Pages: 428

ISBN-13: 9789220107539

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Book Synopsis Sources and methods : labour statistics by : International Labour Office

Download or read book Sources and methods : labour statistics written by International Labour Office and published by . This book was released on 1999 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: