Tag Archives | Income Inequality

How to Measure International Income Inequality? | Economics

Gross national income per capita of different countries of the world varies a good deal and further that there exists a large income or development gap between the developing and the developed countries. It is important to explain how income inequalities between various countries in the world economy are exactly measured. However, methods of measuring income inequalities between countries are [...]

By |2018-03-02T14:40:22+05:30March 2, 2018|Income Inequality|Comments Off on How to Measure International Income Inequality? | Economics

Kuznet’s Inverted U-Hypothesis on Income Inequality | Economics

Simon Kuznets put forward the hypothesis that relationship between per capita national income and the degree of inequality in income distribution may be of the form of inverted-U. Due to limitations of data he used an inequality measure of the ratio of income share of the richest 20 per cent of the population to the bottom 60 per cent of [...]

By |2018-03-02T14:40:21+05:30March 2, 2018|Income Inequality|Comments Off on Kuznet’s Inverted U-Hypothesis on Income Inequality | Economics
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