use the Gini coefficient which developed by Italian statistician in 1912. The Gini coefficient is measuring the income inequality based on the value of a frequency distribution (for example levels of income). The value of the Gini coefficient is between the range 0 to 1. Therefore‚ 0 that means “perfect equality ’’ which every person is getting the same income and 1 that means “perfect inequality’’ which is all income change to the share of the population with the highest income. The Gini coefficient
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ECO2096 – Applied Economics Inequality in the Eurozone Myles Oates – 102674725 Contents Page 2 – The Eurozone Page 3 - Single Currency Page 4 – Single Currency Page 5 – Inequality Within Eurozone Countries Page 7 – Inequality Throughout the Eurozone Page 9 – Reasons for Inequality Page 10 – Reducing Inequality Page 11 - Conclusion ECO 2096 – Report on Inequality in the Eurozone. The Eurozone The Eurozone
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Ly Đặng Thị Thúy Vân Lecturer : Nguyễn Thị Hải Yến TABLE OF CONTENT INTRODUCTION 1 1. Literature review of determinants of income inequality 2 2. Income distribution inequality in Vietnam 7 2.1. Situation .. 7 2.1.1. Gini index 8 2.1.2. Income by quintile 9 2.1.3. Income by region 10 2.2. Causes .. 10 2.2.1 Economic restructuring and globalization 11 2.2.2 Inequality of services access 12 2.2.3 Asset inequality 13 2.3. Impacts .. 13
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TH GAP The Wealth Gap In Hong Kong Comparing to the near area‚like Singapore‚Hong Kong’s Gini coefficient is more higher and ranked top in the world.Even the wealth gap is not common in western societies‚however‚it is no doubt that wealth gap has threatened the Hong Kong most. With the change of economic mode in Hong Kong ‚it trend to knowledge-based economy rather than manufacturing industry so that a large number of worker are unemployed immediately‚in the other hand‚a lot of high-class people
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support and resources the government can offer. Measuring Methods Inequality can be calculated with different numerical indices. The Gini-coefficient is the most commonly used method of measuring. As explained by the World Bank‚ the coefficient varies between 0‚ which reflects complete equality‚ and 1‚ which indicates complete inequality. Graphically‚ the Gini coefficient can be easily represented by the area between the Lorenz curve and the line of equality. Causes for Inequality There are many causes
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University of Toronto Faculty of Arts and Sciences April Exam‚ 2012 Eco 435S/Eco 2738S Duration – 3 hours No Aids. Please do all five questions. All questions are equally weighted. 1. In “The Great Divergence”‚ Ken Pomeranz discusses the “shared” constraints約束; 限制of Europe and the highly developed core areas of China and Japan in the mid-18th century. * development trajectory in (recent) world
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Economic inequality is the differences found in various measures of the economy within individuals of a group‚ groups in a population‚ and among countries. (Huffington Post 1). Economic inequality is sometimes called income inequality‚ wealth inequality‚ or the wealth gap. (The Equality Trust 2). There are three main types of economic inequality. Income‚ is the extent to which income is distributed unevenly in a group of people. Income is not just the money by pay‚ but also money received from employment
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impact of income inequalities on health status changed when the quality of health institutions was taken into account. Although every method and study within these three articles were different there were some repetitive variables such as the Gini coefficient that was used in all three studies. Accordingly‚ every article answered the same general question. All of the articles specified that income inequalities are negatively correlated with health status. To simplify‚ areas with lower income patterns
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Australia and China Similarities and Differences Australian links with China extend well beyond the last 40 years at an official and non-official level. Their economic relationship has grown rapidly in recent times‚ especially the trade relationship. From being distant partners‚ the trade relationship is one of the key strands linking the two countries. Economic Growth and Quality of life Australia’s economic outlook is deteriorating. The commodity boom‚ predicted to go on forever‚ is
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1)What is the development and growth ?How differ from each other? Growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in
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