... the generalized Gini coefficient (also known as the s-Gini), where x is the distribution of income at a point in time and υ is a parameter tuning the degree of “aversion to inequality” (the standard Gini corresponds to υ=2). This generalized Gini coefficient is a distributionally...

... different in economic size, is the weighting of economic units relevant in convergence analysis? The average per capita income of a given region, or country, is the first moment in the distribution of income, but what about the second moment, inequality, have we converged in inequality? An aggregate welfare...

... resources to household income, income distribution, and spread of income over the year. © MCB UP Limited 1996 Human welfare consists of the economic as well as a number of non‐economic aspects. Economic welfare itself has many dimensions, and so no single measure or value can represent it fully...

...Erich W. Streissler It is a common misunderstanding that nineteenth‐century German economics rejected Ricardo and his thought. However, Ricardo exercised a strong influence on German views on production and distribution. In particular he influenced Wilhelm Roscher. Argues that Roscher in turn...