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Methodological Proposal For The Assessment Of The Income Asymmetry

Author

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  • IONESCU, Gabriela-Mariana

    (The School of Advanced Studies of the Romanian Academy, Bucharest, Romania)

Abstract

One of the fundamental issues in the field of social justice is economic polarization (income and/or wealth inequality). Starting from the statu quo of the social statistics methodology, the study examines for the point of view logical and algebraic the possibility of a new classification in the field of economic polarization based on the combination of two typical statistical values: median and arithmetic mean. The population distribution could be obtained according to two simultaneous criteria: a) positioning on the „income/wealth list”; b) the extent of the average value on the surface of the distribution. Finally, the study proposes calculating new statistical indicators with a higher significance in the interpretation of economic polarization.

Suggested Citation

  • IONESCU, Gabriela-Mariana, 2018. "Methodological Proposal For The Assessment Of The Income Asymmetry," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 88-91, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:88-91
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    More about this item

    Keywords

    social justice; economic polarization; median; arithmetic mean; economic inequality;
    All these keywords.

    JEL classification:

    • B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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