A Primer on a Statistical Methodology
by
Edna Schechtman, Shlomo Yitzhaki
Language: English
Release Date: November 13, 2012
Gini's mean difference (GMD) was first introduced by Corrado Gini in 1912 as an alternative measure of variability. GMD and the parameters which are derived from it (such as the Gini coefficient or the concentration ratio) have been in use in the area of income distribution for almost a century. In...