Prompt: This essay option builds off Homework 2.2. For this writing assignment, you must analyze income inequality in a country and compare it to the United States. First, pick a country with dataLinks to an external site. on the income share of each decile. Second, create a Lorenz curve for both this country and the US in a figure similar to Figure 5.13 in the text. Third, calculate the Gini coefficient for both countries. Fourth, compare the level of income inequality in your country to that of the United States using your Lorenz curves and Gini coefficients. Finally, describe what (political, economic, and/or social) institutions might explain the differences or similarities in inequality between the country you chose and the United States based on your research.
Structural Guidelines: Your paper should be double-spaced with one-inch margins in 12 point Time New Roman font. It should be 500 – 750 words (excluding any references). The paper should be written in paragraph form (no bullet points, numbering, etc.). You should cite at least one outside source that sheds some light on what institutions explain the level of income inequality in your country. Follow the MLA or APA format. Essays will be graded on spelling, grammar, and organization. You are encouraged to make an appointment at the CSU Writing Center, where a staff member can help you with your editing. You may use the attached grading rubric to critically self-evaluate your essay.
Submission Instructions: You must upload an electronic copy of your paper on Canvas. When the assignment is submitted on Canvas it is also automatically submitted to TurnItIn, where your submission will be compared to online texts as well as a large database of student papers (including all submissions to this course). Put your ideas in your own words. You are welcome to build on other texts, but to avoid plagiarism you must properly cite all your sources and put all direct quotes in quotation marks. Late submissions will be penalized 10 points each day they are late.
Lorenz curve: Create a figure similar to Figure 5.13 in the text showing (1) a Lorenz curve for the United States, (2) a Lorenz curve for another country of your choice, and (3) the line of perfect inequality. Lorenz curves are easiest to read in a square (rather than rectangular) space.Prompt: This essay option builds off Homework 2.2. For this writing assignment, you must analyze income inequality in a country and compare it to the United States. First, pick a country with dataLinks to an external site. on the income share of each decile. Second, create a Lorenz curve for both this country and the US in a figure similar to Figure 5.13 in the text. Third, calculate the Gini coefficient for both countries. Fourth, compare the level of income inequality in your country to that of the United States using your Lorenz curves and Gini coefficients. Finally, describe what (political, economic, and/or social) institutions might explain the differences or similarities in inequality between the country you chose and the United States based on your research.
Structural Guidelines: Your paper should be double-spaced with one-inch margins in 12 point Time New Roman font. It should be 500 – 750 words (excluding any references). The paper should be written in paragraph form (no bullet points, numbering, etc.). You should cite at least one outside source that sheds some light on what institutions explain the level of income inequality in your country. Follow the MLA or APA format. Essays will be graded on spelling, grammar, and organization. You are encouraged to make an appointment at the CSU Writing Center, where a staff member can help you with your editing. You may use the attached grading rubric to critically self-evaluate your essay.
Submission Instructions: You must upload an electronic copy of your paper on Canvas. When the assignment is submitted on Canvas it is also automatically submitted to TurnItIn, where your submission will be compared to online texts as well as a large database of student papers (including all submissions to this course). Put your ideas in your own words. You are welcome to build on other texts, but to avoid plagiarism you must properly cite all your sources and put all direct quotes in quotation marks. Late submissions will be penalized 10 points each day they are late.
Lorenz curve: Create a figure similar to Figure 5.13 in the text showing (1) a Lorenz curve for the United States, (2) a Lorenz curve for another country of your choice, and (3) the line of perfect inequality. Lorenz curves are easiest to read in a square (rather than rectangular) space.
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