Other inequality indices
Other inequality indices include the Gini coefficient and the Atkinson index. These measures capture different aspects of inequality and are valuable tools for policymakers. The Gini coefficient calculates income distribution within a society, with higher values indicating greater inequality. The Atkinson index focuses on the unequal distribution of income among different groups and the impact of redistributive policies. These indices help identify areas of societal imbalance, guiding efforts to promote more equitable opportunities. By understanding and analyzing these measures, policymakers can implement targeted interventions to address inequalities and create a more just and inclusive society for all individuals.
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