An alternative functional form for estimating the Lorenz Curve

Rohde, Nicholas C. (2008). An alternative functional form for estimating the Lorenz Curve. School of Economics Discussion Paper No. 383, School of Economics, The University of Queensland.

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Author Rohde, Nicholas C.
Title An alternative functional form for estimating the Lorenz Curve
School, Department or Centre School of Economics
Institution The University of Queensland
Open Access Status Other
Series School of Economics Discussion Paper
Report Number No. 383
Publication date 2008-12-01
Publisher The University of Queensland, School of Economics
Start page 1
End page 6
Total pages 6
Language eng
Subject 14 Economics
Abstract/Summary We propose a simple single parameter functional form for the Lorenz curve. The underlying probability density function and cumulative density functions for the Lorenz curve are derived and are shown to have some useful properties. The proposed functional form is fitted to existing data sets and is shown to provide a better fit than existing single parameter Lorenz curves for the given data.
Keyword Gini coefficient
Parametric form
Lorenz Curve
Additional Notes Numbering of paper is variably given as #383 and #384

Document type: Working Paper
Collection: School of Economics Publications
 
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Created: Tue, 23 Dec 2008, 15:35:45 EST by Diana Guillemin on behalf of School of Economics