GeneralNeutralarXiv – CS AI · 6h ago6/10
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GAGI: A Gini-Adjusted GDP-per-Capita Index for Distribution-Aware Macroeconomic Welfare Monitoring
Researchers introduce GAGI (Gini-Adjusted GDP-per-Capita Index), a new macroeconomic monitoring metric that accounts for income inequality and inflation alongside GDP growth. Analysis of G7 economies from 2010-2026 reveals that welfare-adjusted prosperity has diverged significantly from headline GDP, with the gap widening sharply after 2022, suggesting traditional GDP metrics mask distributional harm from technological change.