Spiegel, Uriel; Weber, Michal; Templeman, Joseph - In: International Journal of Sustainable Economy 4 (2012) 4, pp. 340-355
Maintaining moderate level of income inequality is required for the sake of sustainable economic growth. The question … that needs to be addressed is how to accurately measure income inequality. We modify the traditional Gini coefficient by … it and turn it into a more accurate measure of real income inequality. Our empirical findings show that the true income …