Reynal-Querol, Marta; Montalvo, Jose G. - Econometric Society - 2004
Esteban and Ray (Econometrica 1994) describe a measure of polarization that is closely connected to potential conflict … or tension in a society, emphasizing the difference between polarization and inequality. In principle a very highly … referred to income/wealth polarization and, therefore, the measure was constructed using a Euclidean distance in R. Recent …