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correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it …We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order …
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This paper presents a physical model of the Gini coefficient and its corresponding Lorenz curve. If the Lorenz curve is scaled to 1, then 1 represents gross domestic income, gross domestic product, or societal wealth. The value 1 also represents total population. On these assumptions, the value...
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Much of the literature on inequality, both that on the theoretical features of inequality measurement and that on the … distributions. The paper focuses on the measurement of inequality itself and includes an application to European data on wealth. We …, grounding their use in socio-economic theory and highlighting the connections between them. In particular, we investigate how …
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