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Detecting heterogeneity within a population is crucial in many economic and financial applications. Econometrically, this requires a credible determination of multimodality in a given data distribution. We propose a straightforward yet effective technique for mode inference in discrete data...
Persistent link: https://www.econbiz.de/10014313693
Gini coefficient for the global distribution of wealth is 0.804, and the share of the top 10 per cent is 71 per cent … cent. Between-country differences in wealth are two-thirds of global inequality according to the Gini coefficient …
Persistent link: https://www.econbiz.de/10010284881