Illustrating Differential Growth

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Chapter 8 in Comparing Income Distributions, 2023, pp 175-202 from Edward Elgar Publishing

Abstract: Chapter 8 introduces a graphical device which illustrates ‘at a glance’ the incidence, intensity and inequality of mobility, considered in terms of differential income growth. The curve, named a ‘Three "I"s of Mobility’, or TIM, curve plots the cumulative proportion of the population (from lowest to highest values of initial income) against the cumulative change in log-incomes per capita over a given period. Like the Lorenz curve in the case of static inequality, the curve is simple to produce, provides convenient comparisons of the different dimensions, and can be suggestive of further analysis.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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