News

“High degrees of inequality are not inevitable in large societies,” said Feinman. “There are factors that may make it easier ...
The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...
Gini coefficient: The most common measure of inequality is the Gini coefficient. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable ...
Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...
The Gini coefficient is a measure for inequality of income distribution within a population. A high Gini coefficient indicates a more unequal income distribution. The value of the Gini coefficient ...
The Gini coefficient--an index that measures income inequality on a scale ranging between 0 and 1--rose to 0.5700 based on initial income, or before distribution through taxation and social ...