Showing 1 - 2 of 2
``The rich are getting richer'' implies that the population income distributions are getting more right skewed and heavily tailed. For such distributions, the mean is not the best measure of the center, but the classical indices of income inequality, including the celebrated Gini index, are all...
Persistent link: https://www.econbiz.de/10014343890
In this paper, we establish several stochastic orders between Gini indexes of multivariate elliptical risks with the same marginals but different dependence structures. This work is motivated by the studies of Brazauskas et al (2007) and Samanthi et al (2015), who employed the Gini index to...
Persistent link: https://www.econbiz.de/10012903897