In 2013, Cobham and Sumner proposed an alternative to the Gini co-efficient: the Palma ratio. They named it after José Gabriel Palma, a Chilean economist. Palma noticed that in most countries, the ...

Inequalities that use \(\textless\) or \(\textgreater\) symbols are plotted with a dashed line to show that the line is not included in the region. Inequalities that use ≤ or ≥ symbols are ...

The farther the curve is from the baseline, represented by the straight diagonal line, the higher the level of inequality. In economics, the Lorenz curve denotes inequality in the distribution of ...

Billionaires and corporations thrive as millions struggle to survive. Explore Oxfam’s new inequality report, “Inequality Inc.,” and take action. Billionaires’ fortunes are booming. The world's five ...

As suffering and poverty have risen, some data show an increase in another extreme: the wealth of billionaires. With both extreme poverty and billionaire wealth on the rise, the pandemic’s effect on ...

The quarterly newsletter Inequality in Focus continues to explore aspects of inequality in selected ... Given that the bottom 40 percent of incomes in many countries overlaps strongly with those below ...