2011 - find the earnings at various percentiles 1 5 25 50...

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2.10.2011 Wages and Inequality wages and income real per capita income has increased over a long period of time how have these gains been distributed  picture that the professor just showed us tells us o wages of lowest percentile have decreased for men and increaded  for woman o wages have become more unequal o wage inequality: many types ratio of percentil Gini coefficient ratio of percentile o find earnings of different percentiles of the earning distribution line everyone up according to their earnings highest to lowest
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Unformatted text preview: find the earnings at various percentiles: 1% 5% 25% 50% 75% 90% 95% NOT 5% IS MEDIAN THEN can look at the 95/50 ratio… • Lorenz Curve o find the earnings of different percentiles of the earnings distribution line everyone up according to their earnings highest to lowest o then look at the percent of the population and the percent of their income for example3...
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