Differences in resource allocations or opportunities that arise within or between countries.
Questions tagged [inequality]
134 questions
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Are there data for the evolution of global economic inequality
Please excuse my ignorance of economics. I recently learned about the Gini-Coefficient as a measure of the economic inequality in a country. I have since seen several plots of this coefficient over time, each for an individual country. The following…
Ludi
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Is income inequality decreasing?
Mr. Yaron Brooks from the Ayn Rand Institute argues that global income inequality is decreasing. True/false?
user22852
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Calculating between-group inequality without microdata
I have data about a few (subnational) geographical units. For each of these units, I know:
1) the proportion of workers by level of education
2) the average income by level of education
3) the average income for the all the population (across all…
user47913
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What do all the distributions that have the same Gini index have in common?
According to the Wikipedia article about Income inequality metrics, Gini index have the next disadvantage:
As a disadvantage, the Gini index only maps a number to the properties of a diagram, but the diagram itself is not based on any model of a…
Yanirmr
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Ideal levels of inequality
Has any work been done to try to figure out what a productive level of wealth and income inequality is in a country? i.e. the minimum to provide incentive for 'hard' work, and necessary risk taking in investments.
Steven Myburgh
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Is there an income inequality metric which also considers the total income?
I'm trying to compare some data I have about two companies, and in order to do so I need to compare their income inequality, but also to take in consideration the total income of each.
For example if we are to find that one company is slightly less…
Naftali Waxman
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3 answers
Explaining the development of income inequality
I'm a syndicated writer working on an explainer about income inequality and I realized I didn't really understand how it can possibly develop in an economy where all dollars are spent. That is, let's take a hypothetical: I understand how it's…
tom
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Gini with negative incomes
I have data on disposable income, where some households have negative income. Albeit I can immediately compute the Gini with these dataset (e.g. with ineqdec0, inequal7 or fastgini in Stata), it is well known that Gini with some negative values…
luchonacho
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Determining the Gini Coefficient in a 2 person economy
In a 2-person economy, the owner of a firm pays 20% of the total output to the worker.
What is the Gini coefficient in this economy?
The answer is supposed to be 3/5 but I end up getting 3/10 instead.
Dtomas
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Deflated Consumption Data
I have been researching the literature of consumption inequality for my project. Most of the articles have deflated the consumption datasets, before measuring the inequalities with different indices. There is quote from Orazio P. Attanasio and Luigi…
Tunay Sabri Yüksel
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Are any of these tax dodging schemes actually realistic or exclusive to billionaires?
So there's been quite a bit of fuss over how the rich supposedly pay lower taxes (proportionally of course) than regular, hard-working Americans because of various tax schemes that "let the rich get richer"
This website -…
user3272992
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What is the average global income in 2022?
2021 is also fine but I could only find old data. Median income may also be of value but I do not really believe in this metric.
samuelnihoul
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What policies can a government adopt to promote economic equality?
As per the Oxfam survey, Top 1% owns more than the bottom 50% of the population. There is also an enormous wage gap emerging, such as that our average CEO makes something like 200x much more than their average worker.
If we put aside the normative…
Varun Singh
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Gini coefficients and median / mean income ratio
Simple question: If the GINI coefficient (market incomes) goes up, is it a necessary feature that the mean income rises relative to the median?
