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The Gini coefficient is equal to the area below the line of perfect equality (0.5 by definition) minus the area below the Lorenz curve, divided by the area below the line of perfect equality.
To find the Gini coefficient, subtract the area beneath the Lorenz curve from the area beneath the line of perfect equality (0.5 by definition). Divide the result by the area beneath the line of ...
A higher Gini Coefficient also could mean temptation for an incumbent government to splurge more on welfare schemes and tax the rich more. Moreover, the 1971 Nobel Prize winner Simon Kuznets had ...
The table below provides a full breakdown of the 101 cities, with their Gini coefficients for 2017, 2016 and 2015, as well as the percentage it changed by over the course of two years.
The Gini coefficient is a single summary statistical ... According to a Human Sciences Research Council (HSRC) 2014 report, the definition of “income” for Gini index reporting purposes ...
That is, the mean income for the lowest earning quintile ... While these major cities have Gini coefficients that are lower than the list of small cities, their income inequality is nonetheless ...
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 ...
While these countries have a generally even distribution of wealth across the populace, this doesn't necessarily mean that they ... 11 Germany, GINI 27.0 Gini coefficient measures inequality ...
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 ...
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