Shlomo Yitzhaki

Shlomo Yitzhaki is an Israeli economist and statistician known for developing methods to measure income inequality. His most famous contribution is the Gini coefficient, a number between 0 and 1 that quantifies how evenly or unevenly income or wealth is distributed in a population—0 indicates perfect equality, and 1 indicates maximum inequality. His work helps policymakers and researchers understand economic disparities within societies, guiding efforts to promote fairness and social welfare through data-driven analysis.