Abstract
Analysing, assessing and comparing economies is usually done by means of macroeconomic aggregates or indicators derived therefrom, such as total income, total consumption, or total wealth. Although these indicators provide useful information about the economy as a whole, they can say nothing about the
distribution of income, consumption and wealth among the population. However, whether, for instance, the total wealth of a nation is owned by a few extremely ealthy households, or whether it is held by many households each contributing a similar share of the total, makes a big difference (...)
distribution of income, consumption and wealth among the population. However, whether, for instance, the total wealth of a nation is owned by a few extremely ealthy households, or whether it is held by many households each contributing a similar share of the total, makes a big difference (...)
Original language | English |
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Title of host publication | The legacy of Tony Atkinson in inequality analysis |
Subtitle of host publication | 2018 2nd LIS-LWS User Conference Booklet |
Editors | Andrea Brandolini, Daniele Checchi, Janet C. Gornick, Timothy M. Smeeding |
Place of Publication | Luxembourg |
Publisher | LIS (Cross-National Data Center in Luxembourg) |
Pages | 62-69 |
Publication status | Published - 2018 |