How can we explain the Lorenz Curve and how it is used to calculate the Gini Coefficient? What does the Gini Coefficient tell us? Explain the meaning of Gini Coefficient and Lorenz Curve, and how to compute the Gini Coefficient. What is a Lorenz curve? Draw one and label t...
The Lorenz Curve and the GINI Coefficient: The Lorenz curve and the GINI coefficient are two concepts that are directly connected one to each other. Both are used in order to measure the level of income inequality in any country. Answer and...
Real Estate is a particularly good asset class in an inflationary environment. It has high returns like stocks, which helps to outpace inflation in the long run. It is also generally a leveraged investment—and usually leveraged with long-term, low fixed-interest rate, non-callable debt. If t...
Empirical evidence of Kuznets curve has been mixed. The industrialization of English society followed the curve's hypothesis. TheGini coefficient, a measure of inequality in society, in England rose to 0.627 in 1871 from 0.400 in 1823. By 1901, however, it had fallen to 0.443. The rapidly-in...
At a high level, female leadership of listed companies is notably more prevalent in the developed markets. My numbers find a much stronger correlation between the female leadership in corporations rising with higher GDP-per-capita than to equality of wealth as measured by the Gini Coefficient. It...
If income is distributed equally, the: a. Lorenz curve is a straight line. b. Line of equality sags below the Lorenz curve. c. Lorenz curve sags below the line of equality. d. Gini coefficient is greater than zero. Describe how to calculate a Gini coefficient. ...
Figure 8.Change in the global Gini coefficient of income inequality, 1988–2015. Source:Darvas(2018). 3.4. Disinflation While inflation in individual currency areas is determined, in the first instance, by their monetary and fiscal policies, global trade, financial, and to a lesser degree, migra...