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Tag Archives: gini coefficient
Global Map of Economic Inequality
Here’s a world map depicting global economic inequality as measured by the Gini index. The Gini index varies between 0, all individuals have an equal share of income, to 1, where one person captures all of the income. In the … Continue reading
Economic Inequality is Inversely Related to PISA Educational Outcomes
Economic inequality has a number of adverse consequences. Among the most devastating is its association with poor educational outcomes, creating a cycle of more inequality and corresponding undesirable educational achievement. To understand the adverse consequences of economic inequality on educational … Continue reading
Reader Request: The Inverse Relationship between Inequality and Economic Mobility
After reading The Inverse Relationship between Inequality and Economic Mobility Threatens the American Dream a reader asked if I could provide a scatter plot and a line of best fit with state abbreviations next to the data points for the … Continue reading
The Inverse Relationship between Inequality and Economic Mobility Threatens the American Dream
Americans have traditionally tolerated economic inequality as long as they perceived a fair opportunity to move up the economic ladder. One of the key questions of our time is whether well-documented rising economic inequality has adversely impacted economic mobility. To … Continue reading
Inequality Linked to Mortality in U.S.
A Ohio State researcher has found a link between national level income inequality and individual mortality in the U.S. The adverse mortality effect does not occur immediately but its impact is observed 5 years later, peaking at 7 years, and … Continue reading
Find the Household Income Inequality Index Where You Live
Several posts have documented increased income inequality in America which, according to many authorities, adversely impacts our society. While aggregate household income inequality, as measured by the 5-year 2006–2010 Gini index for the entire country, is equal to 0.467, our … Continue reading
Posted in Income Distribution, Inequality
Tagged gini coefficient, gini index, household income, income distribution, inequality
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Why Increasing Inequality and Lower Economic Mobility Matter
Why Increasing Inequality and Lower Economic Mobility Matter: An Issue of National Importance In several articles: Rich Father, Rich Son and Poor Father, Poor Son American Dream is Alive and Well — in Canada American Childrens’ Prospects for Success are … Continue reading
Rich Father, Rich Son and Poor Father, Poor Son
Rich Father, Rich Son and Poor Father, Poor Son Mounting evidence is demonstrating the inverse relationship between income inequality and intergenerational earnings mobility. This finding is important as it demonstrates how inequality is transmitted from parents to their children and … Continue reading
Urban Inequality Adversely Impacts Murder Rates and Happiness
An additional study confirms the adverse effects of inequality on people and society in general. Glaeser, Resseger and Tobio (2008) find a direct relationship between inequality, as measured by the Gini coefficient, and murder rates in urban settings. Here’s a … Continue reading
Posted in Happiness, Income Distribution, Inequality, Wealth
Tagged gini coefficient, happiness, inequality, murder, poverty, skill levels, urban, wealthy
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CBO Study: 275% Increase in Household Income for Top 1%, 1979 to 2007
Yesterday, the non-partisan Congressional Budget Office (CBO) released a study, Trends in the Distribution of Household Income Between 1979 and 2007, confirming an incredible jump in after-tax income inequality in America with the top household income earners enjoying unprecedented household … Continue reading