More tricks with the lorenz curve
Sreenivasan Subramanian ()
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Sreenivasan Subramanian: ICSSR National Fellow, affiliated to Madras Institute of Development Studies
Economics Bulletin, 2015, vol. 35, issue 1, 580-589
Abstract:
The present note is an elementary essay on how one may manipulate the Lorenz curve with a view to obtaining a couple of simple variants of the Gini coefficient of inequality, one of which is anti transfer-sensitive and the other pro transfer-sensitive, and which together, in convex combination, yield up the transfer-neutral Gini coefficient. The emphasis throughout is on the practical concerns of exposition, intuitive plausibility, and the advancement of easily comprehended and readily usable measures of inequality.
Keywords: Lorenz curve; Gini coefficient; transfer-neutrality; anti transfer-sensitivity; pro transfer-sensitivity; dominance (search for similar items in EconPapers)
JEL-codes: D3 D6 (search for similar items in EconPapers)
Date: 2015-03-22
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Citations: View citations in EconPapers (7)
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