Home (Gini Coefficient)
Home  
 
 
Home » Business » Gini Coefficient


 

Gini Coefficient

Business Gift taxGinnie Mae

Gini coefficients
Definition: The ratio between the area between a Lorenz curve and the 45o line and the area below the 45o line. The Gini coefficient is a precise way of measuring the position of the Lorenz Curve.

 


Gini coefficient - A measure of inequality in a country's wealth distribution.

Gini coefficient
An inequality indicator. The Gini coefficient measures the inequality of income distribution within a country.

Gini coefficient an index of income inequality ranging between 0 (for perfect equality) and 1 (for absolute inequality); it is defined as the ratio of the area between the Lorenz curve and the perfect equality line, ...

Gini coefficient: This is another name for the Gini index. This editor prefers "Gini index" because the word "coefficient" implies that the number's meaning depends on multiplying it by something, or that it came out of a regression.

Gini Coefficient
A measure of income inequality within a population, ranging from zero for complete equality, to one if one person has all the income.

Gini coefficient [r]: A number between 0 and 1 denoting the degree of inequality of income in a community, defined as the area between the Lorenz curve and the diagonal divided by the area under the diagonal. [e] ...

Lorenz curve - Gini coefficient - Poverty level
Efficient markets theory in Financial economics
Risk.
List of terms in urban economics
International trade - Terms of trade - List of international trade topics
Macroeconomics
Economics ...

Within a society can be measured by various methods, including the Lorenz curve and the Gini coefficient.

See also: Coefficient, Banks, Tariff, Values, Efficient market

Business Gift taxGinnie Mae

 
 rssRSS