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- From: mg78@cunixb.cc.columbia.edu (Michel Gelobter)
- Newsgroups: sci.econ
- Subject: Lorenz Curves
- Message-ID: <1993Jan3.031445.29336@news.columbia.edu>
- Date: 3 Jan 93 03:14:45 GMT
- Sender: usenet@news.columbia.edu (The Network News)
- Reply-To: mg78@cunixb.cc.columbia.edu (Michel Gelobter)
- Organization: Columbia University
- Lines: 16
- Nntp-Posting-Host: cunixb.cc.columbia.edu
-
- I am looking for a way to plot a Lorenz curve.
-
- Does anyone know of a routine to do this in any software package?
-
- If you recall, a Lorenz curve is the function F(x)=y for 0<x<1 and is
- used to graph income distributions for example (GINI distributions).
-
- Thus as you go up the x-axis, expressed as percentage of the population, you
- also rise on the y-axis, expressed as percentage of wealth controlled by
- that percentage of the population. The curve allows you to see the
- extent of the concentration of wealth, or other things, like rare events.
-
- In any case, it is difficult to estimate, and I was wondering if anyone knew
- of a package that does it.
-
- I will post replies in a summary. Thanks!
-