Income inequality metrics
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Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income and economic inequality among the participants in a particular economy, suc
Share of pre-tax household income received by the top 1%, top 0.1% and top 0.01% in the US, between 1917 and 2005
Theil Hoover
Gini coefficient
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In economics, the Gini coefficient, 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 consum
Income inequality metrics
…z. In a stronger statement, wy = μy / μx and wz = μz / μx. Among the most common metrics used to measure inequality are the Gini index (also known as Gini coefficient), the Theil index, and the Hoover index. They have all four properties described above. An additional property of an inequality metric that may be…
Global Income Inequality Over Time