Gini coefficient

Creator
Creator
Seonglae ChoSeonglae Cho
Created
Created
2025 Jun 27 14:44
Editor
Edited
Edited
2025 Aug 24 23:5
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In Korea, income and net asset Gini coefficients typically move together, but since the 2010s, they have shown completely opposite trends, with wealth inequality growing while income inequality decreases. This suggests that policies aimed at reducing income inequality through welfare programs can lead to increased investment in assets, causing significant asset price increases, which in turn can actually widen wealth disparities.
 
 
 
 
Gini coefficient
In economics, the Gini coefficient (/ˈdʒiːni/ JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality[2] within a nation or a social group. It was developed by Italian statistician and sociologist Corrado Gini.
Gini coefficient
 
 

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