A NEW FUNCTIONAL FORM FOR ESTIMATING LORENZ CURVES |
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| Authors: | P Ortega G Martín A Fernández M Ladoux A García |
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| Institution: | University of Málaga, Spain |
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| Abstract: | There are several functional forms for estimating Lorenz curves from grouped data. Based on studies of the Spanish distribution of income, we propose a new functional form which provides very good fits. Our specification contains the Pareto Lorenz curve as a particular case, and allows one to compute easily, with the provided formulae, the Gini, Kakwani, and Chakravarty Inequality Indexes. |
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