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Measuring inequality: What is the Gini coefficient?
https://ourworldindata.org/what-is-the-gini-coefficient
WebThe Gini coefficient captures how far the Lorenz curve falls from the 'line of equality' by comparing the areas A and B, as calculated in the following way: Gini coefficient = A / (A + B) Where incomes are shared perfectly equally, the Lorenz curve is just the 'line of equality'.
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Gini coefficient - Wikipedia
https://en.wikipedia.org/wiki/Gini_coefficient
WebIn economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality within a nation or a social group.
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Gini Index Explained and Gini Coefficients Around the World - Investopedia
https://www.investopedia.com/terms/g/gini-index.asp
WebFeb 21, 2024 · The Gini index, or Gini coefficient, measures income distribution across a population. Developed by Italian statistician Corrado Gini in 1912, it often serves as a gauge of economic...
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Gini Coefficient - Definition, Principles and Limitations
https://corporatefinanceinstitute.com/resources/economics/gini-coefficient/
WebWhat is the Gini Coefficient? The Gini coefficient (Gini index or Gini ratio) is a statistical measure of economic inequality in a population. The coefficient measures the dispersion of income or distribution of wealth among the members of a population. Source: World Bank
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The Gini Coefficient - Intelligent Economist
https://www.intelligenteconomist.com/gini-coefficient/
WebFeb 2, 2022 · The Gini coefficient is equal to the area between the actual income distribution curve and the line of perfect income equality, scaled to a number between 0 and 100. The Gini coefficient is the Gini index expressed as a number between 0 and 1. How to Calculate The Gini Coefficient.
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Income inequality: Gini coefficient - Our World in Data
https://ourworldindata.org/grapher/economic-inequality-gini-index
WebJan 17, 2024 · The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. Depending on the country and year, the data relates to income measured after taxes and benefits, or to consumption, per capita.
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Gini Index - Census.gov
https://www.census.gov/topics/income-poverty/income-inequality/about/metrics/gini-index.html
WebOct 8, 2021 · Gini Index. The Gini Index is a summary measure of income inequality. The Gini coefficient incorporates the detailed shares data into a single statistic, which summarizes the dispersion of income across the entire income distribution. The Gini coefficient ranges from 0, indicating perfect equality (where everyone receives an equal …
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Who, What, Why: What is the Gini coefficient? - BBC News
https://www.bbc.com/news/blogs-magazine-monitor-31847943
WebMar 12, 2015 · A collection of cultural artefacts. Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker.
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Ask Gini: How to Measure Inequality | Scientific American
https://www.scientificamerican.com/article/ask-gini/
WebNov 12, 2012 · The Gini coefficient compares the income or wealth distribution of a population to a perfectly equal distribution—in which every citizen of a city or country has equal wealth. To compute the...
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GINI index - USAFacts
https://usafacts.org/data/topics/people-society/poverty/poverty-measures/gini-index/
WebThe GINI index, also known as the GINI coefficient, is a measure of income inequality. It represents the spread between low and high-income earners, with possible values ranging from zero to 100.
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