Inequality, Polarization and Poverty (eBook)

Advances in Distributional Analysis
eBook Download: PDF
2010 | 2009
X, 182 Seiten
Springer New York (Verlag)
978-0-387-79253-8 (ISBN)

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Inequality, Polarization and Poverty -  Satya R. Chakravarty
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This book provides a synthesis of some recent issues and an up-to-date treatment of some of the major important issues in distributional analysis that I have covered in my previous book Ethical Social Index Numbers, which was widely accepted by students, teachers, researchers and practitioners in the area. Wide coverage of on-going and advanced topics and their analytical, articulate and authoritative p- sentation make the book theoretically and methodologically quite contemporary and inclusive, and highly responsive to the practical problems of recent concern. Since many countries of the world are still characterized by high levels of income inequality, Chap. 1 analyzes the problems of income inequality measurement in detail. Poverty alleviation is an overriding goal of development and social policy. To formulate antipoverty policies, research on poverty has mostly focused on inco- based indices. In view of this, a substantive analysis of income-based poverty has been presented in Chap. 2. The subject of Chap. 3 is people's perception about income inequality in terms of deprivation. Since polarization is of current concern to analysts and social decisi- makers, a discussion on polarization is presented in Chap. 4.
This book provides a synthesis of some recent issues and an up-to-date treatment of some of the major important issues in distributional analysis that I have covered in my previous book Ethical Social Index Numbers, which was widely accepted by students, teachers, researchers and practitioners in the area. Wide coverage of on-going and advanced topics and their analytical, articulate and authoritative p- sentation make the book theoretically and methodologically quite contemporary and inclusive, and highly responsive to the practical problems of recent concern. Since many countries of the world are still characterized by high levels of income inequality, Chap. 1 analyzes the problems of income inequality measurement in detail. Poverty alleviation is an overriding goal of development and social policy. To formulate antipoverty policies, research on poverty has mostly focused on inco- based indices. In view of this, a substantive analysis of income-based poverty has been presented in Chap. 2. The subject of Chap. 3 is people's perception about income inequality in terms of deprivation. Since polarization is of current concern to analysts and social decisi- makers, a discussion on polarization is presented in Chap. 4.

Preface 7
Contents 9
The Measurement of Income Inequality 11
1.1 Introduction 11
1.2 Preliminaries 12
1.3 Welfare Evaluation of Income Distributions 14
1.4 Stochastic Dominance 22
1.5 Postulates for an Index of Inequality 25
1.6 Relative Inequality andWelfare 32
1.6.1 The Dalton Approach 32
1.6.2 The Atkinson Approach 33
1.6.3 The Atkinson-Kolm-Sen and the Shorrocks Approaches 34
1.7 Relative Inequality as an Ordinal Concept 42
1.8 Absolute Inequality andWelfare 43
1.8.1 The Kolm Approach 43
1.8.2 The Blackorby-Donaldson-Kolm Approach 44
1.9 Decomposable Indices of Inequality 46
1.10 Measurement of InequalityWhen Needs Differ 52
Inequality and Income Poverty 57
2.1 Introduction 57
2.2 Axioms for an Index of Income Poverty 59
2.3 Poverty Indices 67
2.3.1 The Classical Indices 67
2.3.2 The Sen Index 68
2.3.3 Some Alternatives and Variants of the Sen Index 69
2.3.4 Subgroup Decomposable Poverty Indices 74
2.3.5 Absolute Indices of Poverty 77
2.4 Population Growth and Poverty 78
2.5 Poverty Orderings 81
2.6 Unit Consistent Poverty Indices 87
2.7 Measuring Chronic Poverty 89
Measuring Income Deprivation 95
3.1 Introduction 95
3.2 Deprivation and Satisfaction 97
3.3 Absolute and Relative Income Differentials and Deprivation 109
3.4 Complaints and Deprivation 111
The Measurement of Income Polarization 115
4.1 Introduction 115
4.2 Polarization: Two Views, Axioms and Indices 116
4.3 A New Compromise Bipolarization Index, its Properties, and Characterization 125
4.4 Bipolarization Dominance 127
The Measurement of Multidimensional Inequality 133
5.1 Introduction 133
5.2 Postulates for an Index of Multidimensional Inequality 134
5.3 Normative Multidimensional Inequality Indices 136
5.4 Multidimensional Generalized Entropy Indices of Inequality 141
5.5 Correlation Increasing Switch and Multidimensional Inequality 142
5.6 Multidimensional Inequality and the Measurement of Occupational Segregation 145
The Measurement of Multidimensional Poverty 149
6.1 Introduction 149
6.2 Postulates for an Index of Multidimensional Poverty 150
6.3 Indices of Multidimensional Poverty 153
6.4 Multidimensional Poverty Orderings 159
Extended Bibliography 161
Glossary of Notation 181
Index 183

Erscheint lt. Verlag 25.7.2010
Reihe/Serie Economic Studies in Inequality, Social Exclusion and Well-Being
Zusatzinfo X, 182 p.
Verlagsort New York
Sprache englisch
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Ökonometrie
Schlagworte Calculus • Deprivation • Development • Distributional Analysis • Inequality • linear optimization • Multidimensional Structure • polarization • Poverty • welfare
ISBN-10 0-387-79253-8 / 0387792538
ISBN-13 978-0-387-79253-8 / 9780387792538
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