Why current definitions of family income are misleading, and why this matters for measures of inequality

Level: leicht
Nancy Folbre | Equitable Growth Blog, 2017
Why current definitions of family income are misleading, and why this matters for measures of inequality

What is “equitable growth” and how do we measure it? A better understanding of equitable growth—and how to measure it—can improve our understanding, inform decisions and lead to better outcomes for all. Part of: Explaining the “What is equitable growth?” essay series

Comment from our editors:

It is relevant and useful, e.g. as part of the reading material of an introductory course in Economics as it is directly related to the measurement of how well the economy is doing.