A Comparison of Permanent and Measured Income Inequality
Description:
The degree of inequality present in the distribution of income may be measured with a gini coefficient. If the distribution is found to empirically fit a particular distribution function, then the gini coefficient may be derived from the mean value of income and the variation from the mean. For the purpose of this study, the Beta II distribution was used as the function which most closely approximates the actual distribution of income. The Beta II function provides the skewness which is normall…
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Date:
August 1986
Creator:
McHargue, Susan L. (Susan Layne)