The Lorenz Curve: Cumulative Shares, the Line of Equality and the Chart
This lesson is part of the course
In this lesson
You turn fictional income totals per decile into income shares and cumulative shares, read off what the poorest half receives, compute the Palma ratio and draw the Lorenz curve against the line of equality.
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Lessons in this course
- Labour-Force Statistics: Participation, Unemployment and Employment Rates Locked
- Labour-Market Flows: Job Finding, Separations and Steady-State Unemployment Locked
- A Wage Floor in a Linear Labour Market: Employment, Unemployment and Surplus Locked
- Real Wages, Productivity and the Labour Share Locked
- Income Quintiles from Household Microdata: Cut-offs, Groups and Shares Locked
- The Lorenz Curve: Cumulative Shares, the Line of Equality and the Chart Locked
- The Gini Coefficient by Trapezoids, the Top-10 % Share and the Decile Ratio Locked
- Redistribution Scenario: Flat Tax, Equal Transfer and the Gini Before vs After Locked