Further tricks with the Lorenz curve

Sreenivasan Subramanian ()
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Sreenivasan Subramanian: Previously: Madras Institute of Development Studies, Currently: Independent Scholar

Economics Bulletin, 2019, vol. 39, issue 3, 1677-1686

Abstract: The present note is the third in a series that deals with simple manipulations of the Lorenz curve intended to cast light on this or that aspect of the measurement of inequality. In this note, a procedure is outlined for ‘adjusting' the Gini coefficient of inequality for the skewness of the Lorenz curve, and for similarly ‘adjusting' the so-called ‘Kolkata' index of inequality, as well as the Lorenz curve itself, in such a way that the inequality orderings of distributions induced by these adjusted measures and the adjusted Lorenz curve are equivalent.

Keywords: Lorenz Curve; Pseudo-Lorenz Curve; Gini Coefficient; Kolkata Index; Skewness (search for similar items in EconPapers)
JEL-codes: D3 D6 (search for similar items in EconPapers)
Date: 2019-07-07
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Citations: View citations in EconPapers (1)

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