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The Gini index is a number that attempts to measure how equitably a resource is distributed throughout a population, and is commonly used in economics as a measurement of inequality of wealth or income. The Gini index is often defined as…

Combinatorics · Mathematics 2020-10-26 Grant Kopitzke

Gini index is a widely used measure of economic inequality. This article develops a general theory for constructing a confidence interval for Gini index with a specified confidence coefficient and a specified width. Fixed sample size…

Methodology · Statistics 2017-09-21 Bhargab Chattopadhyay , Shyamal Krishna De

We prove an inequality on positive real numbers, that looks like a reverse to the well-known Hilbert inequality, and we use some unusual techniques from Fourier analysis to prove that this inequality is optimal.

Classical Analysis and ODEs · Mathematics 2017-01-09 Omran Kouba

Ratios of quantiles are often computed for income distributions as rough measures of inequality, and inference for such ratios have recently become available. The special case when the quantiles are symmetrically chosen; that is, when the…

Methodology · Statistics 2021-07-13 Luke A. Prendergast , Robert G. Staudte

Socio-economic inequality is measured using various indices. The Gini ($g$) index, giving the overall inequality is the most commonly used, while the recently introduced Kolkata ($k$) index gives a measure of $1-k$ fraction of population…

General Finance · Quantitative Finance 2016-11-07 Arnab Chatterjee , Asim Ghosh , Bikas K Chakrabarti

The Gini index underestimates inequality for heavy-tailed distributions: for example, a Pareto distribution with exponent 1.5 (which has infinite variance) has the same Gini index as any exponential distribution (a mere 0.5). This is…

Methodology · Statistics 2021-10-06 Sabiou Inoua

The aim of this paper is to establish the asymptotic behavior of the mutual influence of the Gini index and the poverty measures by using the Gaussian fields described in Mergane and Lo(2013). The results are given as representation…

Methodology · Statistics 2017-05-29 Gane Samb Lo , Pape Djiby Mergane , Tchilabalo Abozou Kpanzou

Considering Wirtinger's inequality for piece-wise equipartite functions we find a discrete version of this classical inequality. The main tool we use is the theorem of classification of isometries. Our approach provides a new elementary…

Classical Analysis and ODEs · Mathematics 2019-05-17 Julià Cufí , Agustí Reventós , Carlos J. Rodríguez

We introduce a class of integral theorems based on cyclic functions and Riemann sums approximating integrals. The Fourier integral theorem, derived as a combination of a transform and inverse transform, arises as a special case. The…

Computation · Statistics 2022-03-22 Nhat Ho , Stephen G. Walker

Weighted Poincar\'e-type and related inequalities provide upper bounds of the variance of functions. Their application in sensitivity analysis allows for quickly identifying the active inputs. Although the efficiency in prioritizing inputs…

Probability · Mathematics 2019-12-06 Matieyendou Lamboni

Indicator functions mentioned in the title are constructed on an arbitrary nondiscrete locally compact Abelian group of finite dimension. Moreover, they can be obtained by small perturbation from any indicator function fixed beforehand. In…

Classical Analysis and ODEs · Mathematics 2020-06-05 S. V. Kislyakov , P. S. Perstneva

We introduce the social welfare implications of the Zenga index, a recently proposed index of inequality. Our proposal is derived by following the seminal book by Son (2011) and the recent working paper by Kakwani and Son (2019). We compare…

General Economics · Economics 2020-06-24 Francesca Greselin , Simone Pellegrino , Achille Vernizzi

This article focuses on some properties of three tools used to measure economic inequalities with respect to a distribution of wealth $\mu$: Gini coefficient $G$, Hoover coefficient or Robin Hood coefficient $H$, and the Lorenz…

Probability · Mathematics 2024-10-22 Valentin Melot

Comparing alternatives in pairs is a very well known technique of ranking creation. The answer to how reliable and trustworthy ranking is depends on the inconsistency of the data from which it was created. There are many indices used for…

Discrete Mathematics · Computer Science 2020-01-28 Konrad Kułakowski , Dawid Talaga

In this paper, we introduce and study the Fourier transform of functions which are integrable with respect to a vector measure on a compact group (not necessarily abelian). We also study the Fourier transform of vector measures. We also…

Functional Analysis · Mathematics 2019-05-30 Manoj Kumar , N. Shravan Kumar

The Gini's mean difference was defined as the expected absolute difference between a random variable and its independent copy. The corresponding normalized version, namely Gini's index, denotes two times the area between the egalitarian…

Probability · Mathematics 2024-01-08 Marco Capaldo , Jorge Navarro

We propose a new integral based on Taylor measures, study its properties extensively, and we illustrate that it includes many concepts from mathematics as special cases. In particular, the new integral emerges as a generalization of the…

General Mathematics · Mathematics 2026-05-11 Athanasios Christou Micheas

We provide a survey of the Kolkata index of social inequality, focusing in particular on income inequality. Based on the observation that inequality functions (such as the Lorenz function), giving the measures of income or wealth against…

General Economics · Economics 2021-09-29 Suchismita Banerjee , Bikas K. Chakrabarti , Manipushpak Mitra , Suresh Mutuswami

Pisier's inequality is central in the study of normed spaces and has important applications in geometry. We provide an elementary proof of this inequality, which avoids some non-constructive steps from previous proofs. Our goal is to make…

Functional Analysis · Mathematics 2020-09-24 Siddharth Iyer , Anup Rao , Victor Reis , Thomas Rothvoss , Amir Yehudayoff

Income and wealth allocation are foundational components of how economies operate. These are complex distributions, and it is hard to get a real sense for their dynamics using simplifications like average or median. One metric that…

General Economics · Economics 2023-04-21 Dave Costenaro