Abstract
Inequality is important, both for its own sake and for its political, social, and economic
implications. However, measuring inequality is not straightforward, as it requires decisions to be made
on the variable, population, and distributional characteristics of interest. These decisions will naturally
influence the conclusions that are drawn so they must be closely linked to an underlying purpose,
which is ultimately defined by a social welfare function. This paper outlines important considerations
when making each of these decisions, before surveying recent advances in measuring inequality and
suggesting avenues for future work
Original language | English |
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Pages (from-to) | 368-395 |
Journal | Oxford Review of Economic Policy |
Volume | 35 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2019 |