Saturday, February 11, 2017

More on Palma index

The concenusus seems to be that extreme inequality is bad. Palma index is one measure of it. Here are some thoughts by Joseph Stieglitz on it: Measuring Inequality: Comments on "Do nations get the inequality they deserve? The 'Palma Raio' reexamined' by Jose Gabriel Palma https://www8.gsb.columbia.edu/faculty/jstiglitz/sites/jstiglitz/files/MeasuringIncomeInequality.pdf
Branko Milanovic is not too enthusiastic about Palma index
http://glineq.blogspot.com.au/2015/06/why-i-am-still-not-excited-by-palma.html

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