On the Mathematics of Income Inequality: Splitting the Gini Index in Two

نویسندگان

  • Robert T. Jantzen
  • Klaus Volpert
چکیده

A two-parameter model for the Lorenz curve describing income distribution interpolating between self-similar behavior at the low and high ends of the income spectrum naturally leads to two separate Gini indices describing the low and high ends individually. These new indices accurately capture realistic data on income distribution and give a better picture of how income data is shifting over time.

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عنوان ژورنال:
  • The American Mathematical Monthly

دوره 119  شماره 

صفحات  -

تاریخ انتشار 2012