Abstract
Often from policy perspective it becomes necessary to arrive at an income distribution whose inequality value coincides with a targeted (low) inequality level. In the present article we address this duality problem in inequality measurement by using the well-known Gini and Bonferroni metrics of inequality. The duality theorem also enables us to determine the financial cost of achieving the targeted inequality value.
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For comments and suggestions, we thank an anonymous referee. We offer special thanks to the referee for a highly innovative suggestion, which we have included in the appendix to enrich the paper.
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Chakravarty, S.R., Sarkar, P. Designing income distributions with specified inequalities. Econ Theory Bull 9, 297–311 (2021). https://doi.org/10.1007/s40505-021-00212-0
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DOI: https://doi.org/10.1007/s40505-021-00212-0