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The Fall and Rise of Inequality: Disaggregating Narratives

Vincent Geloso

A chapter in Austrian Economics: The Next Generation, 2018, vol. 23, pp 161-175 from Emerald Group Publishing Limited

Abstract: In this chapter, I attempt to extend insights regarding statistical aggregates from scholars, such asHayek (1931) andMises (1947), to the topic of inequality. Using the work ofLindert and Williamson (2016), I show that a disaggregation of inequality into some of its many subcomponents alters our reading of its evolution. While I only work with stylized facts from the field of economic history, and the authors argues that the promising implications derived from disaggregation militate in favor of more effort being directed toward decomposing the evolution of inequality.

Keywords: Inequality; measurements; aggregation bias; economic history; living standards; welfare economics (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:aaeczz:s1529-213420180000023012

DOI: 10.1108/S1529-213420180000023012

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