Contrary to popular belief, income inequality in Switzerland (from both labour and capital) has remained almost perfectly stable since 2000, as measured by the Gini coefficent for disposable equivalised income
by ChunkSmith
Contrary to popular belief, income inequality in Switzerland (from both labour and capital) has remained almost perfectly stable since 2000, as measured by the Gini coefficent for disposable equivalised income
by ChunkSmith
5 comments
What about wealth inequality?
> Note: negative income is taken into account in the calculations. Without imputed rent.
Results from 2015 onwards have been recalculated with the revised weighting model. This allows for better correction of non-response, but cannot be applied to data prior to 2015.
Sounds to me the data is not reliable prior to 2015.
And that explains the housing crisis
Color me skeptical. The Gini coefficient as a measure of economic inequality, while popular with policymakers, has several well-known shortcomings. For example, it cannot adequately distinguish between different income distributions that result in the same coefficient.
Can someone with a deeper understanding of macroeconomics explain the difference between the three graphs? Do I understand correctly that the primary equivalised income is the gross equivalised income before state redistribution [(Am I understanding this correctly)](https://arc.net/l/quote/tcyvqdlb)? So If the primary equivalised income coefficient rises but the others stay stable, does this mean that increased redistribution is a major factor in keeping the gross- and disposable equivalised income coefficient stable?
Well I’ve been doing my best