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What is Inequality Measures and Gini Coefficient about?
This document discusses measures of inequality, which considers disparities across an entire population rather than just focusing on those below the poverty line like poverty measures do. It describes some common tools for measuring inequality, including quintile analysis, the Lorenz curve, and the Gini coefficient. The Gini coefficient ranges from 0 representing complete equality to 1 representing complete inequality, and is the most widely used single measure of inequality. It is based on the Lorenz curve
- Author
- dan
- Language
- EN