Re: st: Ginis for negative net worth

[Nora Müller <nora.mueller@uni-bamberg.de>]

Dear Abdel,
thank you very much for your advice!

But inequal7 (as well as ineqdec0) says, that it uses values equal and 
smaller than zero in calculating the gini coefficient and therefor I 
thought that it already uses a special algorithm for such values so that 
the range of the gini coefficients still is [0;1].

The article you mentioned I already read, but thank you for the advice.

So finally I'll try to work with the absolte gini now.

Best regards,
Nora



*********************************************
Nora Müller, Dipl.-Soz.

Faculty for Social and Economic Sciences
Chair of Sociology I
Otto-Friedrich-University Bamberg

Fakultät Sozial- und  Wirtschaftswissenschaften
Lehrstuhl Soziologie I
Otto-Friedrich-Universität Bamberg
Wilhelmsplatz 3
96047 Bamberg

Raum: 229
Tel. +49-951-863 3909
Fax. +49-951-863 2597
Email: nora.mueller@uni-bamberg.de
www: http://www.uni-bamberg.de/sowi/soziologie-i/

http://gif-project.soziologie-blossfeld.de
*********************************************

Am 05.07.2010 13:01, schrieb Abdel Rahmen El Lahga:
> Nora,
> Gini index as well as other inequality indices are defined for
> positive outcomes and can not applied for negatives observations.
> You have two alternatives:
> 1) use a trick (not so popular) proposed by Chen et al. (1982) in
> oxford economic paper (1982) page 473-478 (See also the comment by
> Berrebi and Silber in the same journal (1985 page 525-526) to deal
> with negative outcomes
> 2) You can use absolute gini index to avoid problems caused by
> negative income (but you should care about  different ethical
> judjements associated to absolute view of inequality)
> HTH
> AbdelRahmen
>
> 2010/7/5 Nora Müller<nora.mueller@uni-bamberg.de>:
> > Dear All,
> >
> > I'm trying to calculate the gini coefficient for net worth (= financial
> > assets + real assets - debts) that has some negative values.
> > I do this using the command "inequal7" written by Philippe Van Kerm.
> >
> > I'm doing an international comparison and for Poland I get a Gini that is
> > 1.15. Can anyone help me with the interpretation?
> > Why can there be a gini greater than one?
> >
> > Thanks for your consideration,
> > Nora
> >
> >
> > --
> > *********************************************
> > Nora Müller, Dipl.-Soz.
> >
> > Faculty for Social and Economic Sciences
> > Chair of Sociology I
> > Otto-Friedrich-University Bamberg
> >
> > Fakultät Sozial- und  Wirtschaftswissenschaften
> > Lehrstuhl Soziologie I
> > Otto-Friedrich-Universität Bamberg
> > Wilhelmsplatz 3
> > 96047 Bamberg
> >
> > Raum: 229
> > Tel. +49-951-863 3909
> > Fax. +49-951-863 2597
> > Email: nora.mueller@uni-bamberg.de
> > www: http://www.uni-bamberg.de/sowi/soziologie-i/
> >
> > http://gif-project.soziologie-blossfeld.de
> > *********************************************
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