Socio-economic inequality: Relationship between Gini and Kolkata indices
Abstract
Socio-economic inequality is characterized from data using various indices. The Gini (g index, giving the overall inequality is the most common one, while the recently introduced Kolkata (k index gives a measure of 1-kfraction of population who possess top kfraction of wealth in the society. Here, we show the relationship between the two indices, using both empirical data and analytical estimates. The significance of their...
Paper Details
Title
Socio-economic inequality: Relationship between Gini and Kolkata indices
Published Date
Jan 1, 2017
Volume
466
Pages
583 - 595
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