International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
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Impact Factor: 9.24
A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
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Volume 6 Issue 5
September-October 2024
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Assessing the Reliability and Calibration of the Gini Coefficient
Author(s) | Aditya Gupta |
---|---|
Country | India |
Abstract | This research paper delves into the Gini Coefficient, a widely used statistical measure of income inequality. We assess the accuracy and reliability of this tool by examining its strengths, such as its simplicity and applicability across countries, alongside its limitations, including sensitivity to data variations and contextual differences. The paper explores how the Gini Coefficient is utilized in economics and policy analysis, providing a balanced view of its advantages and drawbacks, ultimately evaluating its effectiveness in capturing the complexities of income distribution. |
Field | Mathematics > Economy / Commerce |
Published In | Volume 6, Issue 5, September-October 2024 |
Published On | 2024-09-21 |
Cite This | Assessing the Reliability and Calibration of the Gini Coefficient - Aditya Gupta - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.27722 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i05.27722 |
Short DOI | https://doi.org/g4qmjs |
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