How the lorenz curve in china changed between 1985 and 2007

Assignment Help Econometrics
Reference no: EM131300844

Rich-poor gap worries Chinese planners In 1985, urban Chinese earned 1.9 times as much as people in the countryside, which is home to 60 percent of the population. By 2007, they earned 3.3 times as much according to the United Nations.
Explain how the Lorenz curve in China changed between 1985 and 2007.

Reference no: EM131300844

Questions Cloud

Calculate the distribution of income after taxes : Why do economists think that discrimination in the labor market is an unlikely explanation for the persistent inequality in earnings between women and men and among the races?
Calculate weekly betas using the linear regression : Calculate 2 year weekly betas using the linear regression: Return on the stock = intercept + BETA * (Return on market index) + error
Scholarly activity-research method : Most problems companies face are due to a lack of information; with complete and accurate information, the problems could be solved. Explore the topic of how research is conducted in organizations to address problems or issues. Then, select a comp..
Deposit in account each year to fund your children education : You are saving for the college education of your two children. They are two years apart in age; one will begin college 14 years from today and the other will begin 16 years from today. How much money must you deposit in an account each year to fund y..
How the lorenz curve in china changed between 1985 and 2007 : Rich-poor gap worries Chinese planners In 1985, urban Chinese earned 1.9 times as much as people in the countryside, which is home to 60 percent of the population. By 2007, they earned 3.3 times as much according to the United Nations.
Secure encrypted communications : Transmitting personal and business data and information over secure communication channels is critical. In some cases it is required, especially when personally identifiable information is being transmitted.
About expected returns are you risk averse-risk seeking : Imagine you own a financial firm that manages asset portfolios. All you care about as you manage your business is expected returns, and any asset you sell is characterized by (p, bR, bE) where p is how much you charge for 1 unit of the asset, If you ..
Calculate cumulative distribution of income for australia : Table 1 shows the distribution of money income in Australia. Calculate the cumulative distribution of income for Australia and draw the Lorenz curve for Australian income.
Describe a change effort in organization : Thoroughly describe a change effort in your organization (or an organization with which you are very familiar) that worked and was sustained over time. Then thoroughly describe a change effort in this organization that failed or relapsed after imp..

Reviews

Write a Review

Econometrics Questions & Answers

  What will the multiplier be when the mps is given

What will the multiplier be when the MPS is 0.4, 0.6, 1, ½ and 0 How much of a change in theeconomy will result if businesses increase their level of investment by $8 Billion and the MPC in the economy is 4/5 and ifit is 2/3

  Find the best response function for each firm

Spookmart and Scaretown are the only two halloween costume stores in town. Both the stores are wondering how many Miley Cyrus twerking costumes to order. Each costume costs $2 from the supplier (i.e., marginal cost for the stores is $2) and market..

  Which investment has the highest expected value

Suppose that as an owner of a federally insured S&L in the 1980s the price of real estate falls, and most of your loans go into default. In fact, so many loans go into default that the net worth of the S&L is a negative($5 million). Federal regula..

  Write the incentive compatibility constraint

An L treatment costs the physician 100 in cash, an H treatment costs the physician 200 in cash. A physician's utility from consumption x is log(x). an L treatment leads to a good outcome with probability 0.4. An H treatment leads to a good outcome..

  What will be the balance on the account after 6 deposits

You deposit today $4500 dollars in an account that pays 3.9 percent per year. For the next few years you will keep making deposits 7.3 percent larger than the previous one. What will be the balance on the account after 6 deposits.

  Demonstrate that maximum likelihood estimator of p is m/n

Demonstrate that the maximum likelihood estimator of p is m/n.

  What is the expected return on the equity

Company A just paid a $3.00 dividend per share. The dividend is expected to grow at a 4% rate indefinitely. The beta of the stock of Company A is 1.5. The market risk premium is 8% and the risk-free rate is 3%. (a) What is the expected return on t..

  Draw a graph to show the change in the land market

Draw a graph to show the change in the land market from 1969 to 2007. Explain the effects of the moratorium on the Bethel land market.

  Whether asvabc appears to be subject to measurement error

Perform a Durbin-Wu-Hausman test to evaluate whether ASVABC appears to be subject to measurement error.

  Calculate the coefficient of determination

In a study of housing demand, the county assessor is interested in developing a regression model to estimate the market value (i.e., selling price) of residential property within her jurisdiction. The assessor feels that the most important variabl..

  If interest rate is given then which press should be chosen

The crockett Land Winery must replace its present grape-pressing equipment. The two alternatives are the quick-skwish and the stomp-master. the annual operating costs increase by 12% each year as teh machines age.

  How much utility will the marginal dollar yield

Let MUa=Z=10-x and MUb=Z=21=2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and B- that is, x=y=10. How is the..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd