In:
Bulletin of Economic Research, Wiley, Vol. 70, No. 3 ( 2018-07), p. 277-284
Abstract:
This study introduces the concept of unequally distributed income and proposes a dual‐index measurement of income inequality that evaluates the magnitude and dispersion of unequally distributed income. We use the Rawlsian index as a magnitude index and employ current income inequality indices as a dispersion index. We describe the properties of the Rawlsian and dispersion indices, and apply these indices to real income data. Further, we show that the Gini dispersion index is a weighted average of Rawlsian indices for the sub‐distributions of the unequally distributed income distribution.
Type of Medium:
Online Resource
ISSN:
0307-3378
,
1467-8586
DOI:
10.1111/boer.2018.70.issue-3
Language:
English
Publisher:
Wiley
Publication Date:
2018
detail.hit.zdb_id:
1473655-X
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