A hierarchy of lorenz curves based on the generalized tukey's lambda distribution
AbstractA hierarchy of Lorenz curves based on the generalized Tukey's Lambda distribution is proposed. Representations of the corresponding distribution and density function are also provided, together with popular inequality measures. Estimation methods are suggested. Finally, a comparison with other parametric families of Lorenz curves is established.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Econometric Reviews.
Volume (Year): 16 (1997)
Issue (Month): 3 ()
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- Sarabia, José María & Castillo, Enrique & Pascual, Marta & Sarabia, María, 2005. "Mixture Lorenz curves," Economics Letters, Elsevier, vol. 89(1), pages 89-94, October.
- ZuXiang Wang & Yew-Kwang Ng & Russell Smyth, 2007. "Revisiting The Ordered Family Of Lorenz Curves," Development Research Unit Working Paper Series 19-07, Monash University, Department of Economics.
- Miguel Sordo & Jorge Navarro & José Sarabia, 2014. "Distorted Lorenz curves: models and comparisons," Social Choice and Welfare, Springer, vol. 42(4), pages 761-780, April.
- Hasebe, Takuya & Vijverberg, Wim P., 2012. "A Flexible Sample Selection Model: A GTL-Copula Approach," IZA Discussion Papers 7003, Institute for the Study of Labor (IZA).
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