Comparative analysis of inequality indicators: characteristics and applications

 
PIIS020736760005832-4-1
DOI10.31857/S020736760005832-4
Publication type Article
Status Published
Authors
Affiliation:
Address: Russian Federation
Journal nameObshchestvo i ekonomika
EditionIssue 7
Pages35-58
Abstract

The article reveals the diversity of inequality indicators used by international research organizations and by statistical services of different countries, evaluating their advantages and disadvantages. New methodological developments in this area are also shown. The author describes a number of relatively new indicators that may be useful for measuring dynamics and structure of inequality.

Based on a comparative analysis of inequality indicators, their mathematical properties and applications, a number of recommendations for expanding the list of the indicators traditionally used to assess inequality in Russia are offered.

 

Keywordsinequality, Gini coefficient, decile ratio, income quintile ratio, Lorenz curve, Palma ratio, generalised entropy indicators, Theil index, mean logarithmic deviation, Atkinson index, Pietra ratio, Robin Hood index, Hoover index, Schutz indeх, McLoone index, Zenga index
Received12.07.2019
Publication date12.07.2019
Number of characters42365
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