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This study focuses on testing the relationship between income inequality and economic growth within counties in the United States, and the channels through which the effects of a relationship are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses...
Persistent link: https://www.econbiz.de/10010711981
We use the Interdistributional Lorenz Curves (ILCs) of Butler and McDonald (1987) to visualize convergence or divergence between income distributions. To illustrate the idea, we compare income distributions from Spain, Italy, and Germany. We also offer methods to test for significant differences...
Persistent link: https://www.econbiz.de/10010711979
In this study it is demonstrated that standard income inequality measures, such as the Lorenz curve and the Gini index, can successfully be applied to the distribution of Olympic success. Olympic success is distributed very unevenly, with the rich countries capturing a disproportionately higher...
Persistent link: https://www.econbiz.de/10010711989