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DocumentPolicy impacts on inequality: Decomposing Inequality by Source 2006
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No results found.This tool illustrates how to decompose inequality measures by income sources. In particular, it discusses this decomposition in the context of the Gini and the Theil Indexes. A step-by-step procedure and numerical examples give operational content to the tool. -
DocumentPolicy Impacts on Inequality: Inequality and Axioms for its Measurement 2006
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No results found.This tool illustrates the concept of desirable properties any inequality index should respect. In particular, it introduces the distinction between a positive and a normative approach to inequality analysis. Then, it discusses the role of axioms in inequality measurement and their conceptual meaning. Finally, using the Gini Index and the variance, a step-by-step procedure and numerical examples are introduced for operational purposes. -
DocumentPolicy Impacts on Inequality. Simple Inequality Measures 2006
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No results found.This module illustrates the simplest ways to measure inequality drawing on the statistical concepts of location, shape and variability. In particular, the following measures will be addressed: a) the range; b) the relative mean deviation; c) the variance; d) the coefficient of variation; and e) the standard deviation of logarithms. For all these measures, step-by-step procedures and numerical examples are also discussed.
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