The study of inequality, polarization and poverty is crucial for understanding
the economic well-being of the population of a country. Conceptual and
methodological advances and better data have provided greater insights into
these issues in recent years, and it is the objective of the book to present a
systematic and up-to-date treatment of the developments in the subject. Both
welfare theoretic and descriptive approaches are discussed, and since the
wellbeing of a population depends on income and non-income indicators, both
unidimensional and multidimensional frameworks are taken into consideration. The
technical terms and mathematical operations employed to analyze the results are
explained intuitively in non-technical terms, and numerical analyses