Lorenz curve

Page 1 of 30 - About 295 essays
  • Examples Of Lorenz Curve

    1405 Words  | 6 Pages

    Lorenze Curve The Lorenz curve originated from the early part of the twentiteth century when Max Otto Lorenz published a paper in 1905 in an American statistical journal outlining the technique which was to bear his name. However, it was the work on poverty and income inequality by Sir Tony Atkinson during the 1970s that led to the popular dissemination and development of the original work of Lorenz. The Lorenz curve can be explained as an extension of the ogive that is used in economics to show

  • Income Inequality Of The United States

    889 Words  | 4 Pages

    of households into five equal groups or quintiles and to compare it with the percentage of personal income. The Lorenz Curve is a way to display the quintile distribution. In a graph showing the Lorenz curve, there is one straight, up-sloping diagonal line that represents a perfectly equal distribution of income, and a second curve of the actual quintile data that becomes the Lorenz curve. The space in between the two lines represents the amount of income inequality there is. This information can then

  • Microeconomics : Income And The United States

    1702 Words  | 7 Pages

    Microeconomics: Income Inequity in the United States No matter which country you would look into whether it’s from wealthier to those less wealthy countries through the eyes of economics, there are bound to be types of inequity within their borders. Inequity is a very crucial problem in the United States, you would think that our economy here in the states is booming, and the citizens are living life easy or without worry. Life is the United States isn’t as it seems, in fact, Inequity is in fact

  • Income Inequality

    3032 Words  | 13 Pages

    Income inequality Name Date Abstract In any given population, there is a difference between what people within the population earn. The uneven distribution of income in any given population is income inequality. In order for there to be income, there has to be several sources of income. These sources of income may be combinational or independent per person receiving the income. Income may result from wages, rent, bank account interests, salaries or even profits made in business transactions

  • Is Inequity A Big Problem? The United States?

    1714 Words  | 7 Pages

    No matter which country you would look into whether it’s from wealthier to those less wealthy countries through the eyes of economics, there are bound to be types of inequity within their borders. Inequity is a very crucial problem in the United States, you would think that our economy here in the states is booming, and the citizens are living life easy or without worry. Life is the United States isn’t as it seems, in fact, Inequity is in fact a big problem even in the United States. Over the years

  • Effective Treatment Of Hepatitis C

    1809 Words  | 8 Pages

    Introduction Hepatitis C is an inflammatory condition of the liver that ultimately results in cirrhosis consequently leading up to liver cell cancer due to a blood-borne virus. The infection is usually asymptomatic showing how those who are infected with Hepatitis C are unaware of its presence until the condition has become potentially life-threatening. The main ways in which the virus is transmitted is from the transfusion of unscreened blood, improper sterilization of invasive medical devices

  • Inequality in Australia Essay

    1265 Words  | 6 Pages

    benefits and $28.9 billion (32%) benefits-in-kind (welfare services). Spending on welfare services in 2005-06 was 3.0% of GDP or $1,404 per person (Welfare, 2011). The way in which governments can examine inequality is through the use of a Lorenz curve. This Lorenz curve indicates that

  • What Are The Causes Of Inequality

    1741 Words  | 7 Pages

    To understand the causes of inequality one must first know what inequality is. Inequality is the extent to which income is distributed unevenly in a group of people. It is the disproportionate ownership of resources between different sections of the society. Inequality is typically thought of as differences between individuals within a population, normally a country, though it can also be considered for smaller or larger populations. Thus it is important to consider inequality between groups of

  • Income and wealth Inequality in Australia Essay

    1101 Words  | 5 Pages

    company or country. Income and wealth inequality refers to the degree to which income is unevenly distributed among people in an economy. The share of total income received by different groups measures inequality, this visually represented in the Lorenz curve. The line of perfect equality bisects the graph with the percentage of income

  • Measuring Economic Participation and Social Protection

    1300 Words  | 5 Pages

    Gender discrimination has always been a problem that affected our society, where women were and continue to be treated inferior to men and were downgraded to do domestic work. Although there have been several reforms in trying to lower inequality against women because of the now-known great importance to the development of society, it still, nonetheless plagues our society. The promotion of gender equality is co-existent with social protection and the first step to combating gender inequality, while

Previous
Page12345678930