Method of Non-weighted Average Absolute Deviation in Context of Measuring Income Inequality by Gini Coeffi-cient: case study of Visegrad group countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F15%3A%230003603" target="_blank" >RIV/47813059:19520/15:#0003603 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Method of Non-weighted Average Absolute Deviation in Context of Measuring Income Inequality by Gini Coeffi-cient: case study of Visegrad group countries
Original language description
There are many possibilities how to measure income inequality in economies. This article presents use of the method of non-weighted average absolute deviation for expression and comparison of income inequality in four selected countries in Cen-tral Europe known as Visegrad Group. The aim of this paper is to use this new method to measure how the income of individuals differs from a situation when everybody would have self-same income (the situation of perfect income equality). Then the results of this new method are compared with results of measuring income inequality by standard method using Gini coefficient. The analysis of income distri-bution of four selected European economies is made in period 2005-2013 and its order is be made in quintiles basedon empirical data from the Statistics on Living Conditions and Welfare published by Eurostat. According to results of comparison of measuring via standard method using Gini coefficient and the new method of non-weighted average absolute
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Conference Proceedings: 33rd International Conference Mathematical Methods 2015
ISBN
978-80-261-0539-8
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
835-840
Publisher name
University of West Bohemia,
Place of publication
Plzeň
Event location
Cheb
Event date
Sep 8, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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