This paper revisits the earlier assessments of the Palma Proposition and the ‘Palma Ratio’. The former is a proposition that currently changes in income or consumption inequality are (almost) exclusively due to changes in the share of the richest 10 per cent and poorest 40 per cent because...

Introduction -- Part 1 The basic analytical framework -- Conceptions of individual well being -- Valuation of functioning bundles and interpersonal comparisons of well being -- Freedom and individual well being -- Freedom A re examination of the concept -- Part 2 Some applications -- Measurement...

Kuklys examines how Nobel Prize-winning economist Amartya Sen?s approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individual?s welfare should not be measured in terms of her income, but in terms...

Das Konzept der Verwirklichungschancen (Capabilities) des Ökonomienobelpreisträgers Amartya Sen bildet eine neue Grundlage der deutschen Armuts- und Reichtumsberichterstattung. Dieser Sammelband zum Capability-Ansatz diskutiert konzeptionelle Grundlagen sowie mögliche Anwendungen auf Armuts-...