Connecting the dots on income inequality: what do official sources suggest when adjusted for top incomes?

By Nicolas Ruiz. Concerns about the distribution of income weigh heavily in the public policy debate and the economic crisis has added urgency to deal with the policy issues related to inequality. But if the current challenges are clear, there is less common understanding about the definition and measurement of income inequality. What may be seen as a straightforward concept to measure turns out in practice to be hard to quantify in a reliable way. More...