Archive for the ‘Income’ Category

Histogram vs Lorenz Curve

I will put an updated post later


Grouped Data

Grouped data are not uncommon in income and wealth distribution studies. Inference about distributions with grouped data is one of my research areas (joint with several colleagues). However I am occasionally asked ,in seminars or privately, whether at the age of “big data” there is any point in working with grouped data. I think grouped data are still interesting and at present probably unavoidable in global income distribution studies for following reasons: Continue reading