The Lorenz curve relates the cumulative proportion of income units to the cumulative proportion of income received when units are arranged in ascending order of their income. In the past the curve has been mainly used as a convenient graphic device to represent the size distribution of income and wealth. In this paper the Lorenz curve technique is used as a tool to introduce distributional considerations in economic analysis. The concept has been...
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INFORMATION
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1975/08/01
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Document de travail départemental
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DRD12
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1
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1
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2010/07/01
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Disclosed
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Applications of Lorenz curves in economic analysis
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development research center
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