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 .

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
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 .
Entered by: FEI XU

13:30 Jul 21, 2018
English to Chinese translations [PRO]
Social Sciences - Economics
English term or phrase: 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. '

Economists use this ratio to measure Wealth Inequality level. What does it exactly mean? Thx.
FEI XU
China
Local time: 16:15
fyi
Explanation:
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。
Selected response from:

Frank Feng
China
Local time: 16:15
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
3fyi
Frank Feng
Summary of reference entries provided
P99/P2080 ratio
Shirley Lao

Discussion entries: 1





  

Answers


5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
p99/p2080 ratio
fyi


Explanation:
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。

Frank Feng
China
Local time: 16:15
Works in field
Native speaker of: Native in ChineseChinese
PRO pts in category: 8
Grading comment
Thanks a lot!
Notes to answerer
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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Reference comments


1 day 5 mins
Reference: P99/P2080 ratio

Reference information:
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.

Shirley Lao
Taiwan
Native speaker of: Native in ChineseChinese
Note to reference poster
Asker: Thanks a lot!

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