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Sep 22, 2015 · The most-cited measures of inequality involve income. In a recent report, for instance, the Organization for Economic Cooperation and Development noted that “in OECD countries, the richest 10% of the population earn 9.6 times the income of the poorest 10%.”. The U.S. Census Bureau publishes two measures of income inequality each year.
- Drew Desilver
The Palma indicator measures the ratio of the income of the top 10% to that of the bottom 40%. A very equal country has a Palma of 1, whereas the most unequal have Palmas of 5 or 6. The Palma is preferred by Oxfam as a measure of inequality because it attempts to look at the incomes of those at the top of society.
Jun 30, 2023 · The Gini coefficient, or Gini index, is the most commonly used measure of inequality. It was developed by Italian statistician Corrado Gini (1884–1965) and is named after him. It is typically used as a measure of income inequality, but it can be used to measure the inequality of any distribution — such as the distribution of wealth or even ...
Gini coefficient is a typical measure of income inequality. The coefficient varies between 0 and 1, with 0 representing perfect equality and 1 perfect inequality. Most of the analysis is centered on the concept of income inequality as captured by the Gini coefficient, which is available for a large number of countries and relatively long periods.
- Social Inequality Overview
- 2 Main Social Inequality Theories
- How Social Inequality Is Studied
Social inequality is characterized by the existence of unequal opportunities and rewards for different social positions or statuses within a group or society. It contains structured and recurrent patterns of unequal distributions of goods, wealth, opportunities, rewards, and punishments. Racism, for example, is understood to be a phenomenon whereby...
There are two main views of social inequality within sociology. One view aligns with the functionalist theory, and the other aligns with conflict theory. 1. Functionalist theorists believe that inequality is inevitable and desirable and plays an important function in society. Important positions in society require more training and thus should rece...
Sociologically, social inequality can be studied as a social problem that encompasses three dimensions: structural conditions, ideological supports, and social reforms. Structural conditions include things that can be objectively measured and that contribute to social inequality. Sociologists study how things like educational attainment, wealth, po...
- Ashley Crossman
Sections. The most common method used to measure inequality is known as the Gini coefficient.¹ This is a mathematical measure which looks at income distribution over a whole society, not just between different pre-defined groups. By lining up the whole population from poorest to richest and calculating the percentage of income each person has ...
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Jun 7, 2024 · Abstract. This chapter addresses the use of indicators and measurements in the study of social inequality. It focuses on empirical literature on income inequality, the economic effects of discrimination, education, and social mobility and class analysis. It shows how different indicators and technics of measurement and analysis are related to ...
