From the Classical Gini Index of Income Inequality to a New Zenga-Type Relative Measure of Risk: A Modeller’s Perspective

From the Classical Gini Index of Income Inequality to a New Zenga-Type Relative Measure of Risk: A Modeller’s Perspective

The underlying idea behind the construction of indices of economic inequality is based on measuring deviations of various portions of low incomes from certain references or benchmarks, which could be point measures like the population mean or median, or curves like the hypotenuse of the right triang...

Full description

Bibliographic Details
Main Authors: Francesca Greselin, Ričardas Zitikis
Format: Article
Language:English
Published: MDPI AG 2018-01-01
Series:Econometrics
Subjects:
economic inequality
reference measure
personal gamble
inequality index
risk measure
relativity
Online Access:http://www.mdpi.com/2225-1146/6/1/4

Internet

http://www.mdpi.com/2225-1146/6/1/4

Similar Items