Income poverty, affluence and polarisation viewed from the median

Abstract

The present paper brings together different features of the distribution of income – poverty, affluence and dispersion – in a single framework that allows ready comparisons across countries. We believe that such a unified framework contributes both to the policy debate and to the theoretical understanding of inequality. There are at present largely separate literatures on the measurement of poverty, and (to a limited degree) affluence, and on bi-polariszation. In relation to the EU social indicators, the paper may be seen as providing complementary information

    Similar works