Income Inequality Measures

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DOI: 10.4236/tel.2018.83039    1,713 Downloads   4,976 Views  Citations
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ABSTRACT

Income distributions are commonly unimodal and skew with a heavy right tail. Different skew models, such as the lognormal and the Pareto, have been proposed as suitable descriptions of income distribution and applied in specific empirical situations. More wide-ranging tools have been introduced as measures for general comparisons. In this study, we review the income analysis methods and apply them to specific Lorenz models.

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Fellman, J. (2018) Income Inequality Measures. Theoretical Economics Letters, 8, 557-574. doi: 10.4236/tel.2018.83039.

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