Generalized Entrophy, GE(2) for Peru
Indicator Definition:
The parameter α in the GE class represents the weight given to distances between incomes at different parts of the income distribution, and can take any real value. For lower values of α, GE is more sensitive to changes in the lower tail of the distribution, and for higher values GE is more sensitive to changes that affect the upper tail. GE(1) is the Theil index.
The indicator "Generalized Entrophy, GE(2)" stands at 0.5843 as of 12/31/2014, the lowest value at least since 12/31/2005, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -1.80 percent compared to the value the year prior.
The 1 year change in percent is -1.80.
The 3 year change in percent is -12.27.
The 5 year change in percent is -25.31.
The 10 year change in percent is -41.68.
The Serie's change in percent from it's minimum value, on 12/31/2014, to it's latest available value, on 12/31/2014, is +0.0%.
The Serie's change in percent from it's maximum value, on 12/31/2007, to it's latest available value, on 12/31/2014, is -47.15%.
| Measure | Realization |
| Indicator Name: | Generalized Entrophy, GE(2) |
| Indicator Source: | LAC Equity Lab tabulations of SEDLAC (CEDLAS and the World Bank). | macro-rankings.com |
| Indicator Description: | The parameter α in the GE class represents the weight given to distances between incomes at different parts of the income distribution, and can take any real value. For lower values of α, GE is more sensitive to changes in the lower tail of the distribution, and for higher values GE is more sensitive to changes that affect the upper tail. GE(1) is the Theil index. |
| Observations Date: | 12/31/2004 |