Lorenz Curve and Gini Coefficient 101 – Another Great Visual Economics Illustration
November 23rd, 2009 by SocProf and tagged Social Inequalities, Social Stratification, Sociology
Click on the image for a humongous version:
For those of us who keep track of these things, there results are really not surprising but this is a nice and clean explanation of the measures.
Posted in Social Inequalities, Social Stratification, Sociology | 2 Comments »
November 24th, 2009 at 2:56 am
The graphic shows that Namibia’s Gini coefficient is 45, but the table on the left says it’s 70,7… Isn’t 45 USA’s Gini coefficient that has been duplicated ? That would make sense !
November 25th, 2009 at 1:46 pm
I too noticed that and became confused. You must be right, that the 45 from the US was duplicated by accident.