A method to calculate the jackknife variance estimator for the Gini coefficient

Authors
Karagiannis, E Kovacevic, M
Citation
E. Karagiannis et M. Kovacevic, A method to calculate the jackknife variance estimator for the Gini coefficient, OX B ECON S, 62(1), 2000, pp. 119
Citations number
5
Categorie Soggetti
Economics
Journal title
OXFORD BULLETIN OF ECONOMICS AND STATISTICS
ISSN journal
03059049 → ACNP
Volume
62
Issue
1
Year of publication
2000
Database
ISI
SICI code
0305-9049(200002)62:1<119:AMTCTJ>2.0.ZU;2-K
Abstract
The Gini coefficient is the most widely used measure of income inequality. Yet, estimates on its standard error are rarely published because the cost of computing it is prohibitively expensive. We present a method to compute the jackknife variance estimator of the Gini coefficient which is very effi cient. The standard error may be computed with the second pass through the data.