How to measure inequality as 'experienced difference'

A new way of measuring wealth inequality better accounts for the way we experience it. In a paper published in Economics Letters, economists Samuel Bowles of the Santa Fe Institute and Wendy Carlin of University College London and the Santa Fe Institute propose a novel twist on the widely used Gini coefficient—a workhorse statistical measure for gauging the gap between haves and have-nots.

from Phys.org - latest science and technology news stories https://ift.tt/2KVsZDC

Comments

Popular posts from this blog

Seismic study reveals key reason why Patagonia is rising as glaciers melt

New method to detect and visualize sperm cells recovered from forensic evidence