Interquantile differences, income inequality measurement and the Gini concentration index (Q1087128): Difference between revisions
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scientific article
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English | Interquantile differences, income inequality measurement and the Gini concentration index |
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Interquantile differences, income inequality measurement and the Gini concentration index (English)
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1987
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This paper studies the properties of a new income inequality index, \(I_ s\), which is equal to the sum of the squares of the symmetric interquantile share differences. \(I_ s\) verifies most of the desired properties of an income inequality index. It will also be shown that it is closely related to Gini's concentration index. In a section at the end of the paper, an illustration is presented using data on the income distribution in various countries in 1968.
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income shares
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quantiles
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rank
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size distribution of incomes
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income inequality index
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Gini's concentration index
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