Lorenz curve
id:
lorenz-curve-298-3479848
title:
Lorenz curve
text:
In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution. The curve is a graph showing the proportion of overall income or wealth assumed by the bottom x% of the people, although this is not rigorously true for a finite population (see below). It is often used to represent income distribution, where it shows for the bottom x% of households, what percent
brand slug:
wiki
category slug:
encyclopedia
description:
Graphical representation of the distribution of income or of wealth
original url:
https://en.wikipedia.org/wiki/Lorenz_curve
date created:
date modified:
2024-02-25T19:53:11Z
main entity:
{"identifier":"Q430378","url":"https://www.wikidata.org/entity/Q430378"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/59/Economics_Gini_coefficient2.svg","width":500,"height":500}
fields total:
13
integrity:
15