# Economic Analysis of Inequality with Capita Selecta

Course Code : | 2300PSWEAI |

Study domain: | Sociology |

Academic year: | 2017-2018 |

Semester: | 1st semester |

Contact hours: | 45 |

Credits: | 6 |

Study load (hours): | 168 |

Contract restrictions: | No contract restriction |

Language of instruction: | English |

Exam period: | exam in the 1st semester |

Lecturer(s) | Koen Decancq |

### 1. Prerequisites *

At the start of this course the student should have acquired the following competences:

an active knowledge of

general notion of the basic concepts of

an active knowledge of

- English

general notion of the basic concepts of

Thorough knowledge of micro-economics, business administration, econometrics and research methodology.

### 2. Learning outcomes *

- Analyzer: You are acquainted with the literature on the measurement of inequality and poverty.
- Analyzer: You know how to evaluate empirical research on inequality and poverty.
- Strategist: You can set-up your own research on inequality and poverty.

### 3. Course contents *

The course will cover the following topics:

- Why studying inequality?
- Social welfare orderings
- Measures of inequality
- Poverty measurement
- Multidimensional Equality
- Global inequalities (a case-study)
- (Economic) consequences of inequality
- Driving forces of changing inequality
- Taxation and redistribution

### 4 International dimension*

The course has an international dimension.

### 5. Teaching method and planned learning activities

Class contact teachingLectures Seminars/Tutorials Laboratory sessions

Personal workAssignments Individually

Personal work

### 6. Assessment method and criteria

ExaminationOral with written preparation Open book Open-question

Continuous assessmentAssignments

Continuous assessment

### 7. Study material *

#### 7.1 Required reading

- Atkinson, A. B. (1992), Measuring inequality and differing social judgements, JAI Press, pp. 29-56.
- Atkinson, A. B. (1970), 'On the measurement of inequality', Journal of Economic Theory2(3), 244-263.
- Bosmans, K.; Decancq, K. and Decoster, A. (2011), 'The evolution of global inequality: absolute, relative and intermediate views' CES discussion paper 11.03.
- Bourguignon, F. and Ferreira, F. (2005), Decomposing changes in the distribution of household incomes: methodological aspects, in F Bourguignon; F Ferreira and N. Lustig, ed., 'The Microeconomics of Income Distribution Dynamics in East Asia and Latin America', Oxford University Press.
- Decancq, K. (2011), 'Measuring global well-being inequality: A dimension-by-dimension or multidimensional approach?', Reflets et perspectives de la vie économique11(4), 179 - 196.
- Decancq, K.; Goedemé, T.; den Bosch, K. V. and Vanhille., J. (forthcoming), The evolution of poverty in the Europe Union: concepts, measurement and data, in Cantillon Bea and Vandenbroucke Frank, ed., 'Reconciling work and poverty reduction: how successful are European welfare states?', Oxford University Press., .
- Decancq, K. and Schokkaert, E. (2013), 'Beyond GDP: measuring social progress in the EU', Technical report, Euroforum discussion paper 4.
- Lambert, P. (2001), The distribution and redistribution of income, Manchester University Press, Manchester. (chapters 2-6)
- Milanovic, B. (2011), The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality, Basic Books. (chapter 1)
- OECD (2011), Divided we stand: Why inequality keeps rising (Executive Summary), OECD Publishing.
- Sen, A. K. (1997), 'From income inequality to economic inequality.', Southern Economic Journal2, 384.
- Sen, A. K. (1985), Commodities and Capabilities, North-Holland, Amsterdam and Oxford. (chapter 2)
- Sen, A. K. (1973), On Economic Inequality, Clarendon Press, Oxford. (chapter 2)
- Voitchovsky, S. (2009), Inequality and Economic Growth, in Wiemer Salverda; Brian Nolan and Tim Smeeding, ed., 'The Oxford Handbook of Economic Inequality.', Oxford University Press., Oxford.

**7.2 Optional reading**

The following study material can be studied voluntarily :### 8. Contact information *

Koen Decancq

koen.decancq@uantwerpen.be