Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist - ...

Ask just about anyone in South Africa about the Gini coefficient and they will either stare at you blankly or tell you only two things: one, the Gini coefficient is the measure of income inequality in ...

Not everyone has the same amount of money. Some are richer. Some are poorer. That’s pretty obvious. But just how much more money do the rich have? How much poorer are the poor? Those are questions ...

Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...