Economic Inequality in India and the World

S. Subramanian ()
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S. Subramanian: Independent Researcher

Chapter Chapter 13 in Inequality and Poverty, 2019, pp 43-45 from Springer

Abstract: Abstract As noted in the previous chapter, the only sorts of inequality measures that are overwhelmingly considered in the measurement literature are the so-called relative measures. However, relative measures are no less arbitrary than ‘absolute’ measures, and ‘centrist’ or ‘intermediate’ measures which strike a compromise between the ‘extreme’ ethical values underlying relative and absolute measures commend themselves to consideration. We find that such intermediate measures present an empirically striking contrast to the relatively un-alarming trends displayed by the commonly used relative measures—and this is true whether we speak of Indian or global inequality.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-13-8185-0_13

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DOI: 10.1007/978-981-13-8185-0_13

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