Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general. While different theories may try to explain how income inequality comes about, income inequality metrics simply provide a system of measurement used to determine the dispersion of incomes. The concept of inequality is distinct from poverty[Note 1] and fairness.
Income distribution has always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith, Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production, land, labour and capital. It is often related to wealth distribution, although separate factors influence wealth inequality.
Modern economists have also addressed this issue, but have been more concerned with the distribution of income across individuals and households. Important theoretical and policy concerns include the relationship between income inequality and economic growth. The article economic inequality discusses the social and policy aspects of income distribution questions.
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Incomeinequalitymetrics or income distribution metrics are used by social scientists to measure the distribution of income and economic inequality among...
statistical dispersion intended to represent the incomeinequality, the wealth inequality, or the consumption inequality within a nation or a social group. It was...
incomeinequality, such as the Gini coefficient. The concept of inequality is distinct from that of poverty and fairness. Incomeinequalitymetrics (or...
either from one or from multiple nations). Incomeinequalitymetrics are used for measuring incomeinequality, the Gini coefficient being a widely used...
indicates "Wealth inequality in COUNTRY or TERRITORY" or "Incomeinequality in COUNTRY or TERRITORY" links. Incomeinequalitymetrics List of countries...
national income (GNI) per capita accounts for inflows and outflows of foreign capital. Incomeinequalitymetrics measure the distribution of income between...
Incomeinequality has fluctuated considerably in the United States since measurements began around 1915, moving in an arc between peaks in the 1920s and...
(also known as the Atkinson measure or Atkinson inequality measure) is a measure of incomeinequality developed by British economist Anthony Barnes Atkinson...
representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution. The...
A. (1999). Economic Inequality and Income Distribution. Cambridge University Press. Campano, F.; Salvatore, D. (2006). Income distribution. Oxford University...
distribution of software metrics. Generalized entropy index Atkinson index Gini coefficient Hoover index Incomeinequalitymetrics Suits index Wealth condensation...
not. In effect, the LSM is an incomeinequalitymetric, despite specifically excluding income as one of the tested metric. Its components are reflective...
regions Incomeinequalitymetrics, used to measure income and economic inequality among participants in a particular economy International inequality, economic...
inequality Income inequality metrics International inequalityIncomeinequality in the United States Wealth inequality in the United States in science:...
Median". MathWorld. Python script for Median computations and incomeinequalitymetrics Fast Computation of the Median by Successive Binning 'Mean, median...
counted as poor could increase while their income rises. There are several different incomeinequalitymetrics; one example is the Gini coefficient. Although...
of incomeinequality. It is equal to the percentage of the total population's income that would have to be redistributed to make all the incomes equal...
The generalized entropy index has been proposed as a measure of incomeinequality in a population. It is derived from information theory as a measure...
Data on the income deficits of various members of a population allow for the construction of one type of measurement of incomeinequality in that population...
the levels of distributional and gender inequality. In response to the former, the UNDP introduced the inequality-adjusted Human Development Index (IHDI)...
income or wealth distribution. It is one of the parameters specifying a Pareto distribution and embodies the Pareto principle. As applied to income,...
countries. International inequality research has primarily been concentrated on the rise of international incomeinequality, but other aspects include...
Development Report Office. The 2010 Human Development Report introduced an Inequality-adjusted Human Development Index (IHDI). While the simple HDI remains...
(MLD) is a measure of incomeinequality. The MLD is zero when everyone has the same income, and takes larger positive values as incomes become more unequal...
account for variances in incomes of various demographic groups. See incomeinequalitymetrics for discussion of a variety of inequality-based economic measures...
Personal income in the United States. Adjusted gross income, which includes AGI by year for the US Economy of the United States Incomeinequalitymetrics Atkinson...
having one of the lowest incomeinequality ratings in the world and has been known to maintain relative stability in this metric throughout decades past...
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