A.17 – The Gini Coefficient

Author: Dr. Jean-Paul Rodrigue The Gini coefficient measures the degree of concentration (inequality) of a variable in a distribution of its elements. 1. The Lorenz Curve The Gini coefficient compares the Lorenz curve of a ranked empirical distribution with the line of perfect equality. This line assumes that each observation … Continue reading A.17 – The Gini Coefficient