Preliminary notes on Palma’s measure of inequality Cover Image

Wstępne uwagi na temat miary nierówności Palmy
Preliminary notes on Palma’s measure of inequality

Author(s): Katarzyna Ostasiewicz, Achille Vernizzi
Subject(s): Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Gini index; Palma measure; inequality; tails

Summary/Abstract: Based on Palma’s observation that for empirical distributions within the range of the 4th and 9th deciles there are – with a good approximation – 50% of all goods, a new measure was introduced that is in a strong relationship to the Gini index, thus – supposedly – including all the information that it provides. In this paper this relationship is investigated more deeply for cases of some theoretical distributions as well as the relationship of a lower bound of a slightly differently defined ‘middle class’ on the Gini index.

  • Issue Year: 24/2020
  • Issue No: 18
  • Page Range: 183-196
  • Page Count: 13
  • Language: English
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