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When calculating the Gini coefficient for distributions which include negative values, the Gini coefficient can be greater than one, which does not make evident its interpretation. In order to avoid this awkward result, common practice is either replacing the negative values with zeros, or...
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When estimating an econometric model, if the observations are scarce and, on the other side, there are several explanatory variables, we may obtain estimates with large standard errors. In such circumstances it becomes very important to get further information, in order to increase the precision...
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Typically, inequality indices appear both as basic concepts in the analysis of welfare economics and as technical tools applied to income or other transferable attributes. Several findings in such research fields are provided by the standard Gini coefficient, traditionally introduced for incomes...
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Kakwani and Lambert (1998) state three axioms which should be respected by an equitable tax system; then they propose a measurement system to evaluate at the same time the negative influences that axiom violations exert on the redistributive effect of taxes, and the potential equity of the tax...
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