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Estimation of Inequality Indices

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Author Info
Frank A Cowell

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Abstract

Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to take into account the characteristics of the data with which one usually has to work. These raise a number of common statistical problems which are addressed here for both micro-data and grouped data. The theoretical properties of inequality measures can often be used to simplify these problems and derive implementable algorithims.

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Publisher Info
Paper provided by Suntory and Toyota International Centres for Economics and Related Disciplines, LSE in its series STICERD - Distributional Analysis Research Programme Papers with number 25.

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Date of creation: Oct 1996
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Handle: RePEc:cep:stidar:25

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Web page: http://sticerd.lse.ac.uk/_new/publications/default.asp

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Related research
Keywords: Inequality; asymptotic estimates; resampling; grouping; robustness;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Danziger, Sheldon & Taussig, Michael K, 1979. "The Income Unit and the Anatomy of Income Distribution," Review of Income and Wealth, Blackwell Publishing, vol. 25(4), pages 365-75, December.
  2. Davies, J. B. & Shorrocks, A. F., 1989. "Optimal grouping of income and wealth data," Journal of Econometrics, Elsevier, vol. 42(1), pages 97-108, September. [Downloadable!] (restricted)
  3. Gastwirth, Joseph L., 1975. "The estimation of a family of measures of economic inequality," Journal of Econometrics, Elsevier, vol. 3(1), pages 61-70, February. [Downloadable!] (restricted)
  4. Gastwirth, Joseph L, 1974. "Large Sample Theory of Some Measures of Income Inequality," Econometrica, Econometric Society, vol. 42(1), pages 191-96, January. [Downloadable!] (restricted)
  5. Foster, James E., 1983. "An axiomatic characterization of the Theil measure of income inequality," Journal of Economic Theory, Elsevier, vol. 31(1), pages 105-121, October. [Downloadable!] (restricted)
  6. Cowell, Frank A & Victoria-Feser, Maria-Pia, 1996. "Robustness Properties of Inequality Measures," Econometrica, Econometric Society, vol. 64(1), pages 77-101, January. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Duangkamon Chotikapanich & William E Griffiths, 2008. "Estimating Income Distributions Using a Mixture of Gamma Densities," Department of Economics - Working Papers Series 1034, The University of Melbourne. [Downloadable!]
  2. Frank Cowell & Maria-Pia Victoria-Feser, 2003. "Distribution-Free Inference for Welfare Indices under Complete and Incomplete Information," Journal of Economic Inequality, Springer, vol. 1(3), pages 191-219, December. [Downloadable!] (restricted)
  3. Duangkamon Chotikapanich & William E. Griffiths, 2006. "Bayesian Assessment of Lorenz and Stochastic Dominance in Income Distributions," Department of Economics - Working Papers Series 960, The University of Melbourne. [Downloadable!]
  4. Juan Ramón García, . "La desigualdad salarial en España. Efectos de un diseño muestral complejo," Working Papers 2003-26, FEDEA. [Downloadable!]
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