Applied Impact Evaluation
The Gini Coefficient is a statistical measure of income inequality within a population, ranging from 0 to 1, where 0 represents perfect equality and 1 signifies maximum inequality. It helps to evaluate the effectiveness of social protection programs and labor policies by providing insight into how income is distributed among different segments of the population. A lower Gini Coefficient indicates a more equal income distribution, while a higher value suggests greater disparity.
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