mcib {lorenz}

Derives income inequality statitics using mean-constrained integration over brackets.

Description

Derives income inequality statitics using mean-constrained integration over brackets.

Usage

mcib(freqs, bounds, mean, stat = "gini", eta = NA)

Arguments

freqs

A vector of counts in income brackets.

bounds

A vector of income bracket boundaries.

mean

Grand mean of income distribution.

stat

(optional) Return income statistic instead of sample incomes.

eta

(optional) Parameter for Atkinson's coefficient.

Value

Income inequality statistics derived with mean-constrained integration over brackets.

Examples

ex_freqs <- c(45, 31, 33, 27, 43, 40, 51, 50, 63, 97, 121, 132, 64, 54, 32, 12)
ex_bounds <- c(0, 10000, 15000, 20000, 25000, 30000, 35000, 40000, 45000, 50000,
 60000, 75000, 100000, 125000, 150000, 200000)
ex_mean <- 66500
mcib(ex_freqs, ex_bounds, ex_mean)