Archive for the ‘Income’ Category

Histogram vs Lorenz Curve

I will put an updated post later

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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