Lorenz curve

The purpose of the current study is to analyze the impact of state failure on transnational terrorism with respect to the proximity of targets and logistical complexity of attacks using a negative binomial Generalized Estimating Equations (GEE) regression. The study departs from the existing studies due to the following reasons. First, based on proximity of attacks, I classify transnational terrorism into: ‘within’ attacks, when the perpetrator operates within his home country and attack a…

that wealth is not equally distributed; a disproportionate share of wealth is held by the wealthiest households so that the distribution of wealth is positively skewed (R.Wilkins, D. Warren, M. Hahn & B. Houng, 2010). A common criticism leveed at lorenzs curve is that it only represents the economy at a certain point where the wealth has moved to the capitalist and not where the capitalist distribute the wealth throughout the society. However, wealth can never be evenly distributed in a…

in the Twenty-First Century for his outlook on global inequality. His argument that rapid economic growth diminishes the importance of wealth was engaging and provided concrete historical data to back concepts such as the Kuznets curve, Gini coefficient and Lorenz curve from macroeconomics. It prompted me to reconsider capitalism’s connection to unsustainable levels of inequality. I am reading Adam Swift’s Political Philosophy to deepen my understanding on political ideals and central issues…

The Canadian government is currently $1.2 trillion in debt as more and more money is being borrowed. As a result they cannot pay it back. This trend is on the rise and it looks like it will stay like this for the next 10 years. From an economic standpoint, welfare may seem to be good for the economy since ideally, recipients would put the money back into the economy through spending. However, it is my view that welfare is a detriment. The government is spending millions of dollars on the welfare…

Urban areas are the amalgamation of complex processes in which environmental, social, cultural, demographic and economic factors influence the health and wellbeing of its residents. Health in urban areas is therefore linked to various processes inherent in urbanization itself and quality of natural, built and social environment. Presently more than half of the world`s population is living in urban areas and that proportion is expected to grow in coming decades. The recent UN estimates suggest…

Introduction Crime is an activity that degenerates the economic level of the country and, therefore, crime reduction is high on the public agenda. According to a recent research, the United States itself loses between $300 billion and over $1 trillion each year due to criminal activities (Anderson , 2006). Despite the measures that have been put in place to combat the vice, not much have been achieved, and the level of crime is still soaring higher. It is, therefore, important to first…

There are many developmental issues in the country of North Korea; for example, low standards of living, high levels of inequality, and underdeveloped markets. These are three out of the five common characteristics of underdeveloped countries. I chose this country because there are high levels of inequality. These inequalities consists of power and education. Thomas Apotle, the writer of an article discussed high levels of unequal opportunities that “focused on inequality of wealth or income…

Economic inequality in the distribution of wealth, income or expenditure is very harmful and serious problem for a community and government should take some necessary policies to tackle this. Measurable economic inequality can be explained by different families of inequality measures of which two are very popular and convenient – the Gini family and the SD-CV family. Inequality measures in any family may be of three types – relative measure of inequality, absolute measure of inequality and index…

households have increased more than four times faster than the bottom 20% (Inequality.org, 2017). This means that the top wage earners are increasing their income extremely faster than everyone else. The measurements are most popularly done on a Lorenz curve using the Gini coefficient15,16,17,18 to show the percentage of income earned by a cumulative percent of the population (De Maio, 2006). There are many things which have caused the income inequality in the US, including education, ability…

In virtually every language, the term for Abirthmark@ can be translated as some variant of the terms Aenvy,@ Awish,@ Alonging,@ or “mother’s mark.” Does this suggest anything to you about what people in the past thought might be the causes of birthmarks? something the mother did caused the birth mark? D. Birth Process 14. Childbirth is conventionally divided into three stages. What are they?  mother experiences regular uterine contractions that are usually spaced to 10 to 15 minute…