Presentation Category
04 APPRAISING PROPERTY
Session Description
Measuring the total redistributive effect of assessments on prices is simply the sum of a Gini based measure of vertical equity and a Gini based measure of the reranking effect. The importance of this decomposition is that together these two effects explain the types of redistribution of value that occur when assessments distort prices, are simple to calculate in Excel, and can be visualized as inequality curves in Excel.
Audience Expertise
Advanced (Developed for the participant who has a thorough knowledge of the areas covered.)
Start Date
8-30-2022 3:30 PM
End Date
8-30-2022 4:30 PM
Moderator
Katryna Cadle, Vision Government Solutions, Inc.
Download Comments
Many of the sessions at the 2022 Annual Conference were recorded and are available to full conference attendees. Check the following page to see if this session is available at https://www.iaao.org/2022sessions.
Gini Measurement of the Redistributive Effects of Assessments
Room 312
Measuring the total redistributive effect of assessments on prices is simply the sum of a Gini based measure of vertical equity and a Gini based measure of the reranking effect. The importance of this decomposition is that together these two effects explain the types of redistribution of value that occur when assessments distort prices, are simple to calculate in Excel, and can be visualized as inequality curves in Excel.
