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Zenga Distribution and Inequality Ordering

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  • Francesco Porro

Abstract

The aim of this article is to establish an ordering related to the inequality for the recently introduced Zenga distribution. In addition to the well-known order based on the Lorenz curve, the order based on I(p) curve is considered. Since the Zenga distribution seems to be suitable to model wealth, financial, actuarial, and, especially, income distributions, these findings are fundamental in the understanding of how parameter values are related to inequality. This investigation shows that for the Zenga distribution, two of the three parameters are inequality indicators.

Suggested Citation

  • Francesco Porro, 2015. "Zenga Distribution and Inequality Ordering," Communications in Statistics - Theory and Methods, Taylor & Francis Journals, vol. 44(18), pages 3967-3977, September.
    • Handle: RePEc:taf:lstaxx:v:44:y:2015:i:18:p:3967-3977
    DOI: 10.1080/03610926.2013.819921
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    Cited by:

    1. Trzcińska Kamila, 2020. "Analysis of Household Income in Poland Based on the Zenga Distribution and Selected Income Inequality Measure," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 421-436, June.
    2. Trzcińska Kamila & Zalewska Elżbieta, 2023. "A Comparative Analysis of Household Incomes of People with Different Levels of Education in Poland and the USA," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 387-401, December.
    3. Małgorzata Ćwiek & Kamila Trzcińska, 2023. "Assessment of goodness of fit of income distribution in France and Germany based on the Zenga distribution," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(5), pages 4013-4027, October.

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