Gini coefficient

The table below is about the world Gini coefficient (not by single countries).

The Gini coefficient measures the economic equality within a society.

A prominent one is the Gini coefficient, but there are also many other methods.

If communism had worked, then everyone would make the same money, which results in a Gini coefficient of zero.

The Gini coefficient measures income inequality on a scale from 0 to 1.

The lower the Gini coefficient the greater the equality.

In a perfectly unequal society where one person has all the money, the Gini coefficient is 100.

This shows the gini coefficient, which is the most common method of measuring inequality.

There are some issues in interpreting a Gini coefficient.

The Gini coefficient and other standard inequality indices reduce to a common form.

This is because the Gini coefficient measures relative, not absolute, wealth.

The Gini coefficient requires that no one have a negative net income or wealth.

Normally the mean (or total) is assumed positive, which rules out a Gini coefficient less than zero.

There are several different income inequality metrics; one example is the Gini coefficient.

This form of Gini coefficient analysis has been used to support Land value taxation.

Scholars have devised over a dozen variants of the Gini coefficient.

Economies with similar incomes and Gini coefficients can have very different income distributions.

I mean, can you point to any real significant changes or legislation that will address the wealth inequality in this country (gini coefficient)?

The Gini coefficient was originally developed to measure income inequality, but can be used for other purposes as well.

The city has a Gini coefficient of 0.48, indicating a high level of inequality.

The Suits index is also related closely to the Gini coefficient.

An alternative approach would be to consider the Gini coefficient as half of the relative mean difference, which is a mathematical equivalence.

Serious consideration of the Gini coefficient for public policy implications is rare in Canada.

For perfect equality the Gini coefficient is zero.

Colombia has a median value of 57 Gini coefficient indicating moderate income disparity.