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The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7] [8] * indicates "Wealth inequality in COUNTRY or TERRITORY" or "Income inequality in COUNTRY or TERRITORY ...
This is a list of countries and territories by income inequality metrics, as calculated by the World Bank, UNU-WIDER, OCDE, and World Inequality Database, based on different indicators, like Gini coefficient and specific income ratios.
This measure tries to capture the overall dispersion of income; however, it tends to place different levels of importance on the bottom, middle and top end of the distribution. As a disadvantage, the Gini index only maps a number to the properties of a diagram, but the diagram itself is not based on any model of a distribution process.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
The average wealth gap between white families and Black and Hispanic ones reached a new high in 2022, according to a new report by the Urban Institute.
Another possibility for measuring income segregation is the use of a ratio of the between-neighborhood variation in mean income to the total variation of income, one of the variation of this approach is a centile gap index (segregation is equal to one minus the ratio of the within-neighborhood variation in income percentile rank to the overall ...
Things aren't looking good for Gen X, which is said to have the largest wealth gap of any generation. Not having a pension plan, suffering multiple economic crises, and not seeing wage increases ...
Data from the National Association of Realtors shows the gap between Black homeownership rates and the homeownership rate of any other race or ethnic group was wider at the end of 2021 wider than ...