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Illustrating Differential Growth

In: Comparing Income Distributions

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Abstract

Chapter 8 introduces a graphical device which illustrates ‘at a glance’ the incidence, intensity and inequality of mobility, considered in terms of differential income growth. The curve, named a ‘Three "I"s of Mobility’, or TIM, curve plots the cumulative proportion of the population (from lowest to highest values of initial income) against the cumulative change in log-incomes per capita over a given period. Like the Lorenz curve in the case of static inequality, the curve is simple to produce, provides convenient comparisons of the different dimensions, and can be suggestive of further analysis.

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  • ., 2023. "Illustrating Differential Growth," Chapters, in: Comparing Income Distributions, chapter 8, pages 175-202, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22094_8
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    Keywords

    Economics and Finance;

    Statistics

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