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The Gini coefficient is a number between 0 and 1 or 100, where 0 represents perfect equality (everyone has the same income), while an index of 1 or 100 implies perfect inequality (one person has all the income and everyone else has no income).
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
In economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality [2] within a nation or a social group. It was developed by Italian statistician and sociologist ...
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The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7] [8] * indicates "Wealth inequality in COUNTRY or TERRITORY" or "Income inequality in COUNTRY or TERRITORY ...
The fastest growing category of fundraisers this year were tied to the 2024 Summer Olympics in Paris, with a number of athletes launching campaigns to help defray travel and training expenses, or ...
Compared to the Gini coefficient in practice, CV puts higher weight on the right tail of the scale, making it sensitive to the rich. Coefficient of variation may be a suitable choice of measure if the goal of a study is to analyze the wealth concentration at the top of the distribution. [17] [18]
Average mortgage rates increase higher as of Tuesday, January 14, 2025, pushing the 30-year fixed benchmark to its highest levels since May following last week's stronger-than-expected jobs report.