Need a little help with this question here....
"What is the shape of the income distribution curve?"
Can anyone help me with this? Don't think it's bell-shaped and symmetric.
The income distribution of a country is not represented by a normal distribution or other probability distribution curves.
The income distribution is represented by a Lorenz curve and caculated as a Gini coefficient.
There are a few threads in sgforums.com that discuss Singapore's income distribution and the comparision of Singapore's income distribution with other countries. Please serch for them using the search function in sgforums.com or google for the Singapore's income distribution.