A New Logit-Based Gini Coefficient

The Gini coefficient is generally used to measure and summarize inequality over the entire income distribution function (IDF). Unfortunately, it is widely held that the Gini does not detect changes in the tails of the IDF particularly well. This paper introduces a new inequality measure that summari...

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Bibliographic Details
Main Authors: Hang K. Ryu, Daniel J. Slottje, Hyeok Y. Kwon
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/21/5/488