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On Inferring Income Inequality Measures Using L-moments

Author

Listed:
  • Sreelakshmi N.

    (Indian Statistical Institute, Chennai, India)

  • Asha G.

    (Department of Statistics, Cochin University of Science and Technology, Cochin-22, India)

  • Muraleedharan Nair K. R.

    (Department of Statistics, Cochin University of Science and Technology, Cochin-22, India)

Abstract

L-moments are expectations of linear combinations of order statistics, their use in reliability analysis has been established. In the present paper we study L-moments in relation to income inequality measures. Models characterized by functional relationships between L-moments and income inequality measures are studied. Finally, we define the ordering based on L-moments and study its implications on other existing orderings.

Suggested Citation

  • Sreelakshmi N. & Asha G. & Muraleedharan Nair K. R., 2015. "On Inferring Income Inequality Measures Using L-moments," Stochastics and Quality Control, De Gruyter, vol. 30(2), pages 75-87, December.
    • Handle: RePEc:bpj:ecqcon:v:30:y:2015:i:2:p:75-87:n:2
    DOI: 10.1515/eqc-2015-0007
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    References listed on IDEAS

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