The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...

Slavery in the United States has a direct relation to current income inequality. There is a cross-state relationship between the Gini coefficient of land inequality in 1860 and the Gini ...

The US is certainly the richest country in the ... One of the most common methods is the Gini coefficient. It gives countries a score between zero and 100. A score of zero means everyone earns ...

This enables us to calculate what economists call the Gini coefficient (see Box 1). Box 1. Let the Gini out of the bottle The Gini coefficient is the most common measure of inequality. It ranges ...

Australia’s tax and transfer systems do less to redistribute income than those in Canada, the United States, the United Kingdom and New Zealand.

Even growth across wealth brackets In the US, wealth has grown evenly across all wealth brackets. Inequality has decreased slightly in both here and in Canada since 2008 (measured by the Gini ...

Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...

The Lorenz curve is a central piece in calculating the Gini coefficient ... the more inequality exists. The United States Federal Reserve Bank of St. Louis collects net worth statistics from ...

Ivan interviews Brian Pun, Senior Analysis from Morgans, to give us a full understanding of Gini coefficient index, and what is actually causing Sydney to score the highest rate across all states.