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A New Polarization Measure and Some Applications

By Milanovic, Branko

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Book Id: WPLBN0000028205
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title: A New Polarization Measure and Some Applications  
Author: Milanovic, Branko
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Milanovic, B. (n.d.). A New Polarization Measure and Some Applications. Retrieved from http://worldebooklibrary.com/


Description
Economics

Excerpt
The paper proposes a new polarization measures that conceptually belong to the class of Gini-type functions. It is shown that the measure satisfies four key axioms. The measure is also easy to compute. Its properties are explored and the polarization index results are contrasted with those obtained from the Gini index using some simulated and real-world data. Inequality and polarization are shown to be related but distinct phenomena.

 

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