Measuring - Inequality

Because the Gini coefficient can be insensitive to changes at the extreme ends of the distribution, researchers often use other indices for specific goals: Measuring inequality: what is the Gini coefficient?

The most standard way to visualize and calculate inequality is through the relationship between the and the Gini Coefficient : Measuring inequality

: This graph plots the cumulative percentage of total income received against the cumulative percentage of the population. A perfectly equal society would follow a 45-degree "line of equality". Because the Gini coefficient can be insensitive to

: This is the numerical representation of the area between the Lorenz Curve and the line of perfect equality. It ranges from 0 (perfect equality) to 1 (perfect inequality, where one person holds all the resources). Alternative Metrics and Ratios Measuring inequality