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Inference for Generalized Gini Indices Using the Iterated-Bootstrap Method

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Author Info
Xu, Kuan

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Abstract

Inference using the iterated-bootstrap method proposed by Hall is appealing for cases in which the percentile method needs to be used but the nominal level of a confidence interval has to be adjusted. One natural application is for generalized Gini indices of income inequality. When applying these theoretical inequality measures directly to sample data for the purpose of statistical inference, economists must come up with some measure of sampling variation. This is particularly the case when the index estimates are compared over time to infer information on the changes of social welfare and inequality. Although there are difficulties in the existing inferential procedures, a more intuitive approach is to use the iterated-bootstrap method.

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Publisher Info
Article provided by American Statistical Association in its journal Journal of Business and Economic Statistics.

Volume (Year): 18 (2000)
Issue (Month): 2 (April)
Pages: 223-27
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Handle: RePEc:bes:jnlbes:v:18:y:2000:i:2:p:223-27

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  1. William C. Horrace & Joseph T. Marchand & Timothy M. Smeeding, 2006. "Ranking Inequality: Applications of Multivariate Subset Selection," Working Papers 21, ECINEQ, Society for the Study of Economic Inequality. [Downloadable!]
    Other versions:
  2. Kuan Xu, 2003. "How Has the Literature on Gini's Index Evolved in the Past 80 Years?," Department of Economics at Dalhousie University working papers archive howgini, Dalhousie, Department of Economics. [Downloadable!]
  3. Joseph Gastwirth & Reza Modarres & Efstathia Bura, 2005. "The use of the Lorenz curve, Gini index and related measures of relative inequality and uniformity in securities law," Metron - International Journal of Statistics, Dipartimento di Statistica, Probabilità e Statistiche Applicate - University of Rome, vol. 0(3), pages 451-469. [Downloadable!]
  4. Stéphane Mussard & Pi Alperin María Noel, 2006. "Measuring Significance of Inequalities with Heterogeneous Groups and Income Sources," Cahiers de recherche 06-13, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke. [Downloadable!]
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This page was last updated on 2008-7-17.


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