Inequality, Polarization and Poverty [electronic resource] : Advances in Distributional Analysis / by Satya R. Chakravarty.

The Measurement of Income Inequality -- Inequality and Income Poverty -- Measuring Income Deprivation -- The Measurement of Income Polarization -- The Measurement of Multidimensional Inequality -- The Measurement of Multidimensional Poverty.

The study of inequality, polarization and poverty is crucial for understanding the economic well-being of the population of a country. Conceptual and methodological advances and better data have provided better insights into these issues in recent years, and it is the objective of the book to present a systematic and up-to-date treatment of the developments in the subject. Both welfare theoretic and descriptive approaches are discussed and, since the wellbeing of a population depends on income and non-income indicators, both unidimensional and multidimensional frameworks are taken into consideration. The technical terms and mathematical operations employed to analyze the results are explained intuitively in non-technical terms, and numerical analyses and graphical representations help to illustrate important concepts.