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Chapter 14 Inequality in Earnings. Copyright © 2003 by Pearson Education, Inc.14-2 Figure 14.1 Earnings Distribution with Perfect Equality.

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Presentation on theme: "Chapter 14 Inequality in Earnings. Copyright © 2003 by Pearson Education, Inc.14-2 Figure 14.1 Earnings Distribution with Perfect Equality."— Presentation transcript:

1 Chapter 14 Inequality in Earnings

2 Copyright © 2003 by Pearson Education, Inc.14-2 Figure 14.1 Earnings Distribution with Perfect Equality

3 Copyright © 2003 by Pearson Education, Inc.14-3 Figure 14.2 Distributions of Earnings with Different Degrees of Dispersion

4 Copyright © 2003 by Pearson Education, Inc.14-4

5 Copyright © 2003 by Pearson Education, Inc.14-5

6 Copyright © 2003 by Pearson Education, Inc.14-6

7 Copyright © 2003 by Pearson Education, Inc.14-7

8 Copyright © 2003 by Pearson Education, Inc.14-8

9 Copyright © 2003 by Pearson Education, Inc.14-9 Figure 14.3 Changes in Supply as the Dominant Cause of Wage Changes

10 Copyright © 2003 by Pearson Education, Inc.14-10

11 Copyright © 2003 by Pearson Education, Inc.14-11

12 Copyright © 2003 by Pearson Education, Inc.14-12

13 Copyright © 2003 by Pearson Education, Inc.14-13 Figure 14A.1 Lorenz Curves for 1980 and 1992 Distributions of Income in the United States

14 Copyright © 2003 by Pearson Education, Inc.14-14 Figure 14A.2 Lorenz Curves That Cross

15 Copyright © 2003 by Pearson Education, Inc.14-15 Figure 14A.3 Calculating the Gini Coefficient for the 1992 Distribution of Household Income


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