Abstract
The Lorenz curve is a useful device to depict the characteristics of income and wealth distributions in terms of the degree of equality of the underlying distribution. In practice, income (or wealth) data by individuals or households categories are collected and used to generate discrete sets of cumulative percentages of income (wealth) and of individuals (households). Through these discrete cumulative percentage observations, some continuous Lorenz curve is fitted.
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References
Jain, S., Size Distribution of Income, Washington, D.C.: The World Bank, 1975.
Kakwani, N.C. and N. Podder, “Efficient Estimation of the Lorenz Curve and Associated Inequality Measures from Grouped Observations,” Econometrica, 44 (1976), 137–148.
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© 1983 Springer-Verlag Berlin Heidelberg
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Suzawa, G.S. (1983). Note on Kakwani and Podder Method of Fitting Lorenz Curves. In: Sato, R., Beckmann, M.J. (eds) Technology, Organization and Economic Structure. Lecture Notes in Economics and Mathematical Systems, vol 210. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48327-1_11
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DOI: https://doi.org/10.1007/978-3-642-48327-1_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-11998-2
Online ISBN: 978-3-642-48327-1
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