Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5103280 | Physica A: Statistical Mechanics and its Applications | 2017 | 12 Pages |
Abstract
Socio-economic inequality is characterized from data using various indices. The Gini (g) index, giving the overall inequality is the most common one, while the recently introduced Kolkata (k) index gives a measure of 1âk fraction of population who possess top k fraction of wealth in the society. Here, we show the relationship between the two indices, using both empirical data and analytical estimates. The significance of their relationship has been discussed.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Arnab Chatterjee, Asim Ghosh, Bikas K. Chakrabarti,