Beyond Inequality: A Novel Measure of Skewness and its Properties

We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income distributions can be viewed as an abstract measure of skewness. We develop some of its properties and apply it to the US-income distribution in 1974 and 2010.

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Year of publication:	2016
Authors:	Kraemer, Walter ; Dette, Holger
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	inequality \| Gini-index \| skewness

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Series:	CESifo Working Paper ; 5972
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	862756324 [GVK] hdl:10419/145007 [Handle] RePec:ces:ceswps:_5972 [RePEc]
Classification:	c46 ; D31 - Personal Income, Wealth and Their Distributions ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Source:	EconStor

Persistent link: https://www.econbiz.de/10011522472