Income Distribution Summary Measures

Fred Campano and Dominick Salvatore

in Income Distribution

Published in print March 2006 | ISBN: 9780195300918
Published online May 2006 | e-ISBN: 9780199783441 | DOI:
  Income Distribution Summary Measures

Show Summary Details


Formulas for computing the most commonly used summary measure of income distribution are given. These include the mean, median, and mode. The methodology for computing shares of total income obtained by quantiles of income recipients, and the technique to graph the Lorenz curve and compute the Gini coefficient are described.

Keywords: central tendency; deciles; first moment function; Gini coefficient; Lorenz curve; mean; median; mode; numerical integration; income share

Chapter.  3534 words.  Illustrated.

Subjects: Economic Development and Growth

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.