A graphical representation of wealth distribution developed by American economist Max Lorenz in 1905. On the graph, a straight diagonal line represents perfect equality of wealth distribution; the Lorenz curve lies beneath it, showing the reality of wealth distribution.

A graphical representation of wealth distribution developed by American economist Max Lorenz in 1905. On the graph, a straight diagonal line represents perfect equality of wealth distribution; the Lorenz curve lies beneath it, showing the reality of wealth distribution.

The Lorenz Curve: Plotting the Lorenz Curve

The Lorenz Curve: Plotting the Lorenz Curve

The Lorenz Curve: The Lorenz Curve

The Lorenz Curve: The Lorenz Curve

lorenz curve gini coefficient - Google Search

lorenz curve gini coefficient - Google Search

Lesson: Graphing a Lorenz Curve and Calculating the Gini Coefficient | Econedlink

Lesson: Graphing a Lorenz Curve and Calculating the Gini Coefficient | Econedlink

Figure 1: Illustration of Gini Coefficient and Its Calculation.  Suppose we examine the income of every individual of a country and arrange the individuals in order of increasing income. If we plot the percentage of national income versus the population percentage (Lorenz curve), we will get a curve like that shown

Figure 1: Illustration of Gini Coefficient and Its Calculation. Suppose we examine the income of every individual of a country and arrange the individuals in order of increasing income. If we plot the percentage of national income versus the population percentage (Lorenz curve), we will get a curve like that shown

File Exchange:  Inequality Package  by Liber Eleutherios Inequality Metrics: Gini Coefficient associated to the Lorenz Curve, Theil and Atkinson indexes

File Exchange: Inequality Package by Liber Eleutherios Inequality Metrics: Gini Coefficient associated to the Lorenz Curve, Theil and Atkinson indexes

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