54.2k views
0 votes
Name two methods used to measure inequality of income in a country​

User Vallieres
by
7.2k points

2 Answers

4 votes
You can use the Lorenz curve and the Theil index
User Magnus Smith
by
7.8k points
4 votes

The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .

I hope it is helpful for you .

User Sjahan
by
8.1k points