Abstract: The Gini index is a summary statistic that measures how equitably a resource is distributed in a population; income is a primary example. In addition to a self-contained presentation of the Gini index, we give two equivalent ways to interpret this summary statistic: first in terms of the percentile level of the person who earns the average dollar, and second in terms of how the lower of two randomly chosen incomes compares, on average, to mean income.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 209
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