Job Market Monitor
Gini
Gini Coefficients for EU member states (2013)
Gini coefficient The Gini coefficient is the most commonly used measure of inequality. It is based on the ‘equivalised’ disposable income of each individual country; 0 indicates total equality (everyone would dispose of the same income) and 100 complete inequality, where a single person would have all income. Chosen excerpts by Job Market Monitor. Read … Continue reading
Human capital doesn’t alone reduces income inequality research finds
Most developing countries have made a great effort to eradicate illiteracy. As a result, the inequality in the distribution of education has been reduced by more than half from 1950 to 2010. However, inequality in the distribution of income has hardly changed. This column presents evidence from a new dataset on human capital inequality. The … Continue reading
Global Inequality / Within-country inequality had risen to 30 percent of global inequality
But recent falls in global inequality are predominantly attributable to rising prosperity in China a study finds Continue reading
Measuring Income Inequality / The Standard Gini Coefficient : a ‘rightist’ measure
Recall that the Gini coefficient is a number between zero and one that measures the degree of inequality in the distribution of income in a given society (named after an Italian statistician, Corrado Gini). The coefficient is zero for a society in which each member receives exactly the same income; it reaches its maximum value … Continue reading
Asia / Gap between rich and poor widening finds the Asian Development Bank (ADB)
The Asian Development Bank is urging the Philippines and other countries in Asia to address the widening inequality between rich and poor, in terms of income and access to education, health and other services. The ADB noted that despite the rapid growth in the economies of some of these Asian countries, the gap between rich … Continue reading
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