Function to compute lognormal density distribution for arbritary params

Function to compute lognormal density distribution for arbritary params

compute_lognormal_dist(
  mean_income,
  gini,
  max_income = mean_income * 10,
  len_sample = 2000
)

Arguments

mean_income

Average income level in thous USD
gini

GINI coeff ranging from 0 to 1
max_income

cutoff for max income. Set to 10 times the mean by default.
len_sample

The number of samples to draw for lognormal. Default is set to 2000.