The Atkinson and Theil indices are often used either in competition with or in addition to it, and the Brown Formula is frequently employed to calculate it.
The Atkinson and Theil indices are often used either in competition with or in addition to it, and the Brown Formula is frequently employed to calculate it. It satisfies principles of anonymity, scale independence, population independence, and transfer, but benefit systems such as the use of food stamps can decrease its accuracy, and it has different values if applied to individuals or households. Quantiles with low granularity yield lower values than those of high granularity even if they are taken from the same distribution. Calculated as a ratio of areas on the Lorenz Curve, FTP, name this measure of income or wealth inequality, a number between 0 and 1 that increases as inequality increases, a coefficient in economics named for an Italian guy.
The Atkinson and Theil indices are often used either in competition with or in addition to it, and the Brown Formula is frequently employed to calculate it.
{Gini} Coefficient (accept Gini Index or other variations)