Method of non-weighted average absolute deviation in context of income inequality, case study of Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F16%3A00010362" target="_blank" >RIV/47813059:19520/16:00010362 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Method of non-weighted average absolute deviation in context of income inequality, case study of Czech Republic

Popis výsledku v původním jazyce

The aim of this present paper is to introduce the alternative new method to express and measure income inequality in the society and in the economy. There is presented use of the method of non-weighted average absolute deviation for expressing and comparing income inequality in case of Czech Republic in years 2005-2013. The result of measuring of income inequality usingh method of non-weighted average absolute deviation is, in practical part of article, compared to 3 other, well-known traditional indicators - Gini coefficient, Robin Hood Index and S80/S20 Ratio in order to highlight compatibility between all these methods to measure income inequality. Through correlation analysis was confirmed a high positive correlation between the levels of income inequality expressed by mentioned methods. The analysis of income distribution will be made in deciles based on empirical data from the European statistical office, Eurostat. The text after Introduction is organized subsequently: the second part explains the theoretical approach of the method of non-weighted average absolute deviation. The third part contains the conceptual framework of empirical analysis and results of income inequality and the Conclusion highlights some major conclusions of detailed analysis made in previous chapter. According to results of income inequality comparison of measuring via standard method author recommend to use the new one especially for its easy calculation based on commonly available data in the required format provided by statistical offices.

Název v anglickém jazyce

Method of non-weighted average absolute deviation in context of income inequality, case study of Czech Republic

Popis výsledku anglicky

The aim of this present paper is to introduce the alternative new method to express and measure income inequality in the society and in the economy. There is presented use of the method of non-weighted average absolute deviation for expressing and comparing income inequality in case of Czech Republic in years 2005-2013. The result of measuring of income inequality usingh method of non-weighted average absolute deviation is, in practical part of article, compared to 3 other, well-known traditional indicators - Gini coefficient, Robin Hood Index and S80/S20 Ratio in order to highlight compatibility between all these methods to measure income inequality. Through correlation analysis was confirmed a high positive correlation between the levels of income inequality expressed by mentioned methods. The analysis of income distribution will be made in deciles based on empirical data from the European statistical office, Eurostat. The text after Introduction is organized subsequently: the second part explains the theoretical approach of the method of non-weighted average absolute deviation. The third part contains the conceptual framework of empirical analysis and results of income inequality and the Conclusion highlights some major conclusions of detailed analysis made in previous chapter. According to results of income inequality comparison of measuring via standard method author recommend to use the new one especially for its easy calculation based on commonly available data in the required format provided by statistical offices.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 20th International Conference Current Trends in Public Sector Research

ISBN

978-80-210-8082-9

ISSN

—

e-ISSN

—

Počet stran výsledku

6

Strana od-do

201-206

Název nakladatele

MU Brno

Místo vydání

Brno

Místo konání akce

Brno Šlapanice

Datum konání akce

21. 1. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000379382400025