Concept, Classification and Methodology for Measuring Socio- Economic Inequality: Problems and Solutions

Relevance. The challenges standing against the world economy because of the COVID-19 pandemic have required regulators to use unconventional financial policies to stimulate economic growth. This has had a certain impact on the dynamics of poverty and economic inequality. From this perspective, the topic is particularly relevant today and requires a large number of new questions to be answered. Research on socio-economic inequality involves many different terms and indicators, which are sometimes used incorrectly, creating some terminological and methodological confusion in the scientific discussion. In this regard, it is important to study all these theoretical problems and clarify the concept, classification of socio-economic inequalities, as well as issues related to the quality of data and its methods of assessment.
The purpose of the work is to solve a number of theoretical and methodological problems related to the essence, classification and methodology of assessing the socio-economic inequality of households.
Objectives: define the socio-economic inequality of households; propose a classification of types of socioeconomic household inequality; justify the problem of completeness, quality and comparability of data in analysis and international comparisons of the level and dynamics of socio-economic inequality of households and suggest ways to solve it.
Methodology. The study used methods of analysis, and synthesis of scientific papers and graphical analysis of statistical data.
Results. the definition and classification of types of socio-economic inequality have been clarified; the problem of data quality, which makes it difficult to form an objective assessment of socio-economic inequality was justified: the problem of the complexity of international comparisons, going from the usage of different methodologies for assessing the subject of the study in different countries, is also justified.
Conclusions. It is proposed to continue developing and enhancing the system of statistics and analysis of socio-economic inequality of households on the base of international standards and in closer international cooperation between countries, as this will allow to get a deeper understanding of economic inequality problem and the wok out adequate policies of state financial regulation.

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