Lorenz ordering of generalized beta-II income distributions
Wilfling Bernd
Zusammenfassung
The paper investigates the Lorenz order within the four-parameter family of generalized beta distributions of the second kind. The sufficient and necessary conditions for this family can be used for an exhaustive exploration of the Lorenz order within other widely used income distribution models such as the Singh-Maddala distribution or the simple beta distribution of the second kind.
Schlüsselwörter
Lorenz curve; ranking income distributions; social welfare; inequality
Publikationstyp
Forschungsartikel (Zeitschrift)
Begutachtet
Ja
Publikationsstatus
Veröffentlicht
Jahr
1996
Fachzeitschrift
Journal of Econometrics
Band
71
Erste Seite
381
Letzte Seite
388
Sprache
Englisch
ISSN
0304-4076