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When the income (or wealth) distribution is given as a continuous probability distribution function p(x),
the Gini coefficient is again half of the relative mean absolute difference:
45
. o
o
o Top 10% Income
share: US
. .
o
o
40
o
o
Top 10% Income
35
. o o
o
. . share: Europe
. . .
30
. . Adapted from Why people prefer
unequal societies by Christina
Starmans, Mark Sheskin and Paul
Bloom. Nature: Human Behaviour 7th
APRIL 2017 | VOLUME: 1, No:
0082.
https://en.wikipedia.org/wiki/List_of_countries_by_income_equality
Brian Easton: http://briefingpapers.co.nz/house-prices-relative-to-inflation/
Summary of researches documented in Why people prefer unequal societies by
Starmans, Sheskin and Bloom.
Equality Fairness
Laboratory studies and impersonal/abstract surveys
More progressive income taxes (first tranche of earned income to be tax free?)
Inheritance tax
Wealth (Capital) tax (proposed by Piketty and Gareth Morgan as part of TOP
policy. Incorporated into Tax working party CGT as tax on increase in value
due to inflation)
Accessible at
https://www.researchgate.net/publication/315944588_Why_people_prefer_unequal_societies
There are many references in this paper that are worth accessing if practical. I recommend
references 23 and 60.