METHODOLOGICAL PROPOSAL FOR THE ASSESSMENT OF THE INCOME ASYMMETRY

Gabriela-Mariana Ionescu
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Gabriela-Mariana Ionescu: The School of Advanced Studies of the Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2018, vol. 6, issue 1, 88-91

Abstract: One of the fundamental issues in the field of social justice is economic polarization (income and/or wealth inequality). Starting from the statu quo of the social statistics methodology, the study examines for the point of view logical and algebraic the possibility of a new classification in the field of economic polarization based on the combination of two typical statistical values: median and arithmetic mean. The population distribution could be obtained according to two simultaneous criteria: a) positioning on the „income/wealth list”; b) the extent of the average value on the surface of the distribution. Finally, the study proposes calculating new statistical indicators with a higher significance in the interpretation of economic polarization.

Keywords: social justice; economic polarization; median; arithmetic mean; economic inequality (search for similar items in EconPapers)
JEL-codes: B49 E02 P16 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:6:y:2018:i:1:p:88-91

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