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Is South Africa truly the most unequal country in the world? This article challenges the widely accepted Gini Coefficient, revealing how it overlooks significant black wealth and social progress, and ...
Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist ...
Is the Gini coefficient still a relevant measure of inequality in South Africa? This article explores its limitations and advocates for the continued use of robust statistical measures in policy-makin ...
Sunday Times News: The Gini Coefficient is a measure of inequality of income distribution or inequality of wealth distribution.
Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...
For example, Turkey and the United States have nearly identical Gini coefficients, according to the Organisation for Economic Co-operation and Development (OECD), despite Turkey’s vastly lower ...
The Gini coefficient is a single summary statistical measure between 0 and 1 that measures the extent to which the distribution of any data set deviates from a perfectly equal distribution.
Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist ...
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