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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

6

Strana od-do

835-840

Název nakladatele

University of West Bohemia,

Místo vydání

Plzeň

Místo konání akce

Cheb

Datum konání akce

8. 9. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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