An ideal state of development, when viewed with fantasy, is nothing but a state or condition where light touches everybody without refraction. The diagonal line of the Lorenz Curve Framework represents such an ideal condition. In the presence of inequality, however, it deviates or refracts from...

Index of refraction is found to be a good measure of economic inequality within the Lorenz curve framework. It has origin in geometrical optics, where it measures bending of a ray of light passing from one transparent medium into another. As light refracts according to characteristics of...

This important book is concerned with the evaluation of changes in income distribution and the analysis of tax and transfer systems. The book begins with an introduction to the measurement of inequality and poverty, stressing the role of value judgements. The following six chapters deal with...