Archive for the 'Scatter plot' Category

Does Higher Income Increases Happiness?

From the New York Times

IRS Top 400 magnifying glass

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2005 US Income Distribution part 2

I went back to my 2005 US Income Distribution graph and changed the scale to match the logarithmic scale used in Gapminder’s World income distribution 2003 graph which shows the historical income distribution from 1970-2000 for selected countries.

{Click on the graph to take a closer look}
2005 log Income Distribution magnifying glass

See Also: Part 1 and Part 3

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GDP per Capita vs Gini Index

GDPCapitaVSGini
Scatter plot of 113 countries comparing wealth vs income inequality. The red square is the United States.

The L shape of the scatter plot was not what I expected. However, many countries don’t have a recent Gini index (1987 to 2003) while GDP per capita is available for 2003/2004 for most countries.

Definition of Gini index a measure of income inequality.
0 = equal distrubution
100 = one person has everything

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