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Provides an up-to-date theoretical discussion with applications of the issue of income distribution models, income inequality measurement, decomposition and inference, and the basic issue of the source and reliability of income and wealth distribution statistics.

A group of scholars converging on a common and socially relevant economic theme of research, that of households' welfare and poverty, met several times in the last two years to discuss the research progress and the opportunity to bring to gether for publication the research so far accomplished. They shared a research project supported by a grant from the former Italian Ministero dell'Universita e della Ricerca Scientifica e Tecnologica (MURST) now Ministero dell'Istruzione, dell'Universita e della Ricerca (MIUR): The Equiva lence Scales in the Measurement of Households' Welfare: Statistical,...