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Sreenivasan Subramanian |
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''More tricks with the lorenz curve'' |
( 2015, Vol. 35 No.1 ) |
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The present note is an elementary essay on how one may manipulate the Lorenz curve with a view to obtaining a couple of simple variants of the Gini coefficient of inequality, one of which is anti transfer-sensitive and the other pro transfer-sensitive, and which together, in convex combination, yield up the transfer-neutral Gini coefficient. The emphasis throughout is on the practical concerns of exposition, intuitive plausibility, and the advancement of easily comprehended and readily usable measures of inequality. |
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Keywords: Lorenz curve, Gini coefficient, transfer-neutrality, anti transfer-sensitivity, pro transfer-sensitivity, dominance |
JEL: D3 - Distribution: General D6 - Welfare Economics: General |
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Manuscript Received : Mar 05 2015 | | Manuscript Accepted : Mar 22 2015 |
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