Income Inequality, Poverty, and Economic Welfare

Presented are new methods and new empirical studies on the subject of income inequality and poverty. The purpose of the book is to explore new ways to analyze recent trends in income inequality and poverty, both from the perspective of quantifying poverty and inequality and quantifyig the impact of various factors on the trends in inequality and poverty. The novelty lies in the diversity of empirical approaches used and customers will benefit from learning about different methods.

I Introduction and Overview.- Income Inequality and Poverty Empirics: New Tools and Perspectives.- II Income Inequality.- Trends in Real Income in Britain: A Microeconomic Analysis.- Changing American Earnings Distributions: One-Half Century of Experience.- A New Approach to the Decomposition of the Gini Income Inequality Ratio.- Global and Regional Inequality in the Distribution of Income: Estimation with Limited and Incomplete Data.- Gini’s “Transvariazione” and the Measurement of Distance Between Distributions.- III Poverty.- The Uncertain Unit Root in the U.S. Poverty Rate.- The Measurement of Poverty: An Experimental Questionnaire Investigation.- IV Welfare.- Measuring the Welfare Effects of Tax Changes Using the LES: An Application to a Carbon Tax.