Glossary entry

English term or phrase:

P99/P2080 ratio

Chinese translation:

P is Percentile, P99 is 99th percentile, AKA top 1% wealth, P2080 is the middle three wealth quntiles, AKA 20th percentile to 79th percentile .

Added to glossary by FEI XU
Jul 21, 2018 13:30
6 yrs ago
English term

P99/P2080 ratio

English to Chinese Social Sciences Economics
'Trends in inequality as measured by the change in the P99/P2080 ratio largely reflected differences in rates of return and savings rates between the top one percent and the middle three wealth quintiles. '

Economists use this ratio to measure Wealth Inequality level. What does it exactly mean? Thx.
Proposed translations (Chinese)
3 fyi

Discussion

FEI XU (asker) Aug 14, 2018:
P is Percentile The answer is Percentile, P99 is 99th percentile, AKA top 1% wealth, P2080 is the middle three wealth quntiles, AKA 20th percentile to 79th percentile .

Proposed translations

5 hrs
Selected

fyi

P99 应该指的是按照财富多少排名,后99%的人所拥有的财富与前1%的富人的财富的关系;
P2080应该指的是所谓“2/8原则”,在这个上下文里面是说20%的人拥有80%的财富。

没有找到具体的确切说法。供参考。
Note from asker:
谢谢你的帮助。从前后文来看,P99是一个数据,P2080是一个数据,P99/P2080的比率是一个指标,指示贫富差距的程度,但目前没有找到这个两个数的详细说明,囧。
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot!"

Reference comments

1 day 5 mins
Reference:

P99/P2080 ratio

Trends in inequality as measured by the change in the P99/P2080
ratio largely reflected differences in rates of return and savings rates between the top one percent and the middle three wealth quintiles.
See: http://www.nber.org/papers/w22704.pdf

Wealth quintile:
A quintile is 20% of the population.

The wealth index involves giving each person in the population a score which represents how wealthy they are based on the characteristics of their household. With this score, you can create five ‘wealth quintiles’ as follows: put the poorest 20% into quintile one, the second poorest 20% into quintile two, the middle 20% into quintile three, the second wealthiest 20% into quintile four and the wealthiest 20% into quintile five.
See: http://www.presentationofdata.com/what-are-wealth-quintiles/

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Note added at 1 day 12 mins (2018-07-22 13:42:56 GMT)
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In other words, the P99/P2080 ratio reflects the differences in rates of return and saving rates between the top one percent wealthiest people and the people falling from Wealth Quintile 2 (the second poorest 20% people) to Wealth Quintile 4 (the second wealthiest 20% people) in a certain place.
Note from asker:
Thanks a lot!
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