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GINI is a measure of the spread of a distribution so even if in theory everyone earned $1,000,000 it could be seen as "equitable" according to GINI. What matter
by localyocal 11y ago
GINI is a measure of the spread of a distribution so even if in theory everyone earned $1,000,000 it could be seen as "equitable" according to GINI. What matters in GINI is what portion of total amount are distributed to what "buckets". So high/low income doesn't necessarily impact GINI per se. Checkout https://en.wikipedia.org/wiki/Gini_coefficient https://en.wikipedia.org/wiki/Gini_coefficient