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Sociology

Inequality

Gary S Fields

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How Much Should We Care About Changing Income Inequality In The Course Of Economic Growth?, Gary S. Fields Jan 2008

How Much Should We Care About Changing Income Inequality In The Course Of Economic Growth?, Gary S. Fields

Gary S Fields

This paper asks how much we should care about changes in Lorenz curves and standard inequality measures when economic growth takes place. I conclude that these changes are of some importance but that other aspects of inequality and poverty are more important.