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econ.EM2021
Coupling the Gini and Angles to Evaluate Economic Dispersion
Mario Schlemmer
Classical measures of inequality use the mean as the benchmark of economic dispersion. They are not sensitive to inequality at the left tail of the distribution, where it would mat…
econ.EM2021
Including the asymmetry of the Lorenz curve into measures of economic inequality
Mario Schlemmer
The Gini index signals only the dispersion of the distribution and is not very sensitive to income differences at the tails of the distribution. The widely used index of inequality…