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Applications of Lorenz Curves in Economic Analysis
Econometrica, 1977The Lorenz curve relates the cumulative proportion of income units to the cumulative proportion of income received when units are arranged in ascending order of their income. In the past the curve has been mainly used as a convenient graphic device to represent the size distribution of income and wealth.
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Journal of Econometrics, 2002
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Schluter, Christian, Trede, Mark
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Schluter, Christian, Trede, Mark
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Characterizations of Lorenz curves and income distributions [PDF]
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2018
The Lorenz curve is an important instrument for analyzing the size distributions of income, wealth and inequality . The problem of finding an appropriate functional form for a given data set or class of data sets is an important practical and theoretical problem.
Barry C. Arnold, José María Sarabia
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The Lorenz curve is an important instrument for analyzing the size distributions of income, wealth and inequality . The problem of finding an appropriate functional form for a given data set or class of data sets is an important practical and theoretical problem.
Barry C. Arnold, José María Sarabia
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Economics Letters, 2010
Abstract This paper presents a functional form, linear in the parameters, to deal with income distribution and Lorenz curves. The function is fitted to the Brazilian income distribution. Data standard deviations were estimated from year-to-year variation of the income share.
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Abstract This paper presents a functional form, linear in the parameters, to deal with income distribution and Lorenz curves. The function is fitted to the Brazilian income distribution. Data standard deviations were estimated from year-to-year variation of the income share.
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The Estimation of the Lorenz Curve and Gini Index
The Review of Economics and Statistics, 1972M OST of the measures of income inequality are derived from the Lorenz curve; indeed Morgan (1962) states that the Gini index is the best single measure of inequality. The present article reviews some of the theoretical properties of the Lorenz curve, relates them to characteristics of the frequency function underlying the income distribution and ...
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Egghe's construction of Lorenz curves resolved
Journal of the American Society for Information Science and Technology, 2007AbstractIn a recent article (Burrell, 2006), the author pointed out that the version of Lorenz concentration theory presented by Egghe (2005a, 2005b) does not conform to the classical statistical/econometric approach. Rousseau (2007) asserts confusion on our part and a failure to grasp Egghe's construction, even though we simply reported what Egghe ...
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LORENZ: Stata module to estimate and display Lorenz curves and concentration curves
2016Lorenz estimates Lorenz and concentration curves from individual-level data and, optionally, displays the results in a graph. Relative as well as generalized, absolute, unnormalized, or custom-normalized Lorenz or concentration curves are supported, and tools for computing contrasts between different subpopulations or outcome variables are provided ...
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This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
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