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To illustrate this, if the lower half of the income distribution has no income at all, and income is equally distributed across the upper half of the population, the Gini coefficient will be 0.5.
The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...
Articles, studies and U.S. Census data focusing on wealth inequality rely on the Gini coefficient. How is it calculated, and what does it tell us? Frank Cowell, an economist at the London School ...
On Aug. 18, 2015, Gini’s 12th surgery was the amputation of her right leg. Amputation was one thing, but the surgeries that followed were another. “I wore a regular prosthetic for a few years ...
The calculation by the International Institute for Urban Development in Beijing puts China’s Gini coefficient – a widely used measure of inequality – at 0.438 in 2010.
China needs to cut its Gini coefficient, a measure of income inequality, to under 0.4 in order to achieve common prosperity, an adviser to the country’s central bank said.
For the first time in 12 years, China this month officially reported its Gini coefficient for income inequality for 2012 and retrospectively for the past decade. Zero means perfect equality and 1. ...
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 ...
Gini Health has received various awards and accolades for its personalized healthcare approach in preventive health care. Gini was invested by global VCs like TechStars, Rangle, Uken among others.
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 ...