Beyond Inequality: A Novel Measure of Skewness and Its Properties
12 Pages Posted: 27 Jul 2016
Date Written: June 30, 2016
We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income distributions can be viewed as an abstract measure of skewness. We develop some of its properties and apply it to the US-income distribution in 1974 and 2010.
Keywords: inequality, Gini-index, skewness
JEL Classification: C460, D310, D630
Suggested Citation: Suggested Citation