Measures of Inequality: The Gini-Coefficient

The Lorenz-curve The Gini-coefficient is probably the most used method of measuring inequality. The Gini-coefficient shows how a resource...

Welfare Models

Gøsta Esping Andersen's three welfare models 1) The universal model (or the Scandinavian model) How much redistribution? A lot. Who gets...

Redistribution of incomes

Ways of redistributing income There are three ways of redistribution income: Progressive taxation, i.e. the higher income you have the...