md_welfare_share_at returns the share of welfare held by an specified
share of the population. You can select the number of quantiles (10 be default).
This function makes use of md_compute_lorenz.
Usage
md_compute_cumulative_share(
welfare = NULL,
weight = rep(1, length = length(welfare)),
n_quantile = 10,
lorenz = NULL
)
Arguments
- welfare
numeric: A vector of income or consumption values.
- weight
numeric: A vector of weights. Default is a vector of ones
- n_quantile
numeric: Number of quantiles for which share of total income
is desired. Default is 10.
- lorenz
numeric: Output from md_compute_lorenz
Value
list with vector of share of welfare by quantiles
Examples
md_compute_cumulative_share(welfare = md_GHI_2000_consumption$welfare,
weight = md_GHI_2000_consumption$weight)
#> [1] 0.03092151 0.07567582 0.13050074 0.19541293 0.27138699 0.35893258
#> [7] 0.46149515 0.58353619 0.73668432 1.00000000