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Inequality and the GB2 income distribution

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Author Info
Stephen P. Jenkins () (ISER, University of Essex)

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Abstract

The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income distributions, thereby providing a full range of topsensitive and bottom-sensitive measures. An examination of British income inequality in 1994/95 and 2004/05 illustrates the analysis.

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Paper provided by ECINEQ, Society for the Study of Economic Inequality in its series Working Papers with number 73.

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Length: 10 pages
Date of creation: 2007
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Handle: RePEc:inq:inqwps:ecineq2007-73

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Related research
Keywords: inequality; generalized entropy indices; generalized Beta of the second kind distribution; GB2 distribution; Singh-Maddala distribution; Dagum distribution;

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Find related papers by JEL classification:
C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Econometric and Statistical Methods; Specific Distributions
C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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  1. Parker, Simon C., 1999. "The generalised beta as a model for the distribution of earnings," Economics Letters, Elsevier, vol. 62(2), pages 197-200, February. [Downloadable!] (restricted)
  2. Bourguignon, Francois, 1979. "Decomposable Income Inequality Measures," Econometrica, Econometric Society, vol. 47(4), pages 901-20, July. [Downloadable!] (restricted)
  3. McDonald, James B. & Xu, Yexiao J., 1995. "A generalization of the beta distribution with applications," Journal of Econometrics, Elsevier, vol. 69(2), pages 427-428, October. [Downloadable!] (restricted)
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  4. McDonald, James B, 1984. "Some Generalized Functions for the Size Distribution of Income," Econometrica, Econometric Society, vol. 52(3), pages 647-63, May. [Downloadable!] (restricted)
  5. Shorrocks, Anthony F, 1984. "Inequality Decomposition by Population Subgroups," Econometrica, Econometric Society, vol. 52(6), pages 1369-85, November. [Downloadable!] (restricted)
  6. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September. [Downloadable!] (restricted)
  7. Cowell, Frank A. & Flachaire, Emmanuel, 2007. "Income distribution and inequality measurement: The problem of extreme values," Journal of Econometrics, Elsevier, vol. 141(2), pages 1044-1072, December. [Downloadable!] (restricted)
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  8. Butler, Richard J. & McDonald, James B., 1989. "Using incomplete moments to measure inequality," Journal of Econometrics, Elsevier, vol. 42(1), pages 109-119, September. [Downloadable!] (restricted)
  9. Cowell, Frank A, 1980. "On the Structure of Additive Inequality Measures," Review of Economic Studies, Blackwell Publishing, vol. 47(3), pages 521-31, April. [Downloadable!] (restricted)
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This page was last updated on 2009-11-26.

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