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April 28, 2024, 03:45:12 am
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Author Topic: What are some factors contributing to trends in Gini Coefficient ?  (Read 760 times)  Share 

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hdxx

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What are some factors contributing to trends in Gini Coefficient ?
« on: November 08, 2017, 04:06:06 pm »
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Factors that can lead to improvements or worsening of Gini co ?

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bernardm

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Re: What are some factors contributing to trends in Gini Coefficient ?
« Reply #1 on: November 08, 2017, 04:10:27 pm »
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The Gini Coefficient refers to the level of unequal income distribution within an economy... So factors that would lead to increased inequality (Coefficient moves towards 1) would be Australia's decentralised wage system, or the GST, whilst factors that decrease the level of inequality (Coefficient moves towards 0) would be the progressive tax system, and increased minimal wage.

Hope this helps :)
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