On Fourier-based inequality indices

DOI10.3390/E24101393arXiv2209.00515MaRDI QIDQ6409481FDOQ6409481

Publication date: 1 September 2022

Abstract: Originally developed for measuring the heterogeneity of wealth measures, inequality indices are quantitative scores that take values in the unit interval, with the zero score characterizing perfect equality. In this paper, we draw attention to a new inequality index, based on the Fourier transform, which exhibits a number of interesting properties that make it very promising in applications. As a by-product, it is shown that other inequality measures, including Gini and Pietra indices can be fruitfully expressed in terms of the Fourier transform, which allows to enlighten properties in a new and simple way.

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