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Measuring Inequality$
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Frank Cowell

Print publication date: 2011

Print ISBN-13: 9780199594030

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199594030.001.0001

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First Principles

First Principles

(p.1) 1 First Principles
Measuring Inequality

Frank A. Cowell

Oxford University Press

This chapter highlights the fundamental principles that form inequality. It cites Martin Rein and S. M. Miller's Standards of Income Redistribution and outlines their interpretation of the standards of equality: one-hundred-percentism; the social minimum; equalization of lifetime income profiles; mobility; economic inclusion; income shares; lowering the ceiling; avoidance of income and wealth crystallization; and international yardsticks. It sets out the essential ingredients of a Principle of Inequality Measurement and enumerates the Measurement's basic elements. It explains how these elements underlie a study of equality and inequality along the interpretations given by Rein and Miller.

Keywords:   inequality, Martin Rein, S. M. Miller, Standards of Income Redistribution, Principle of Inequality Measurement

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