Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/106622
Title: Parametric Lorenz curves based on the beta system of distributions
Authors: Gómez Déniz, Emilio 
Sarabia, José María
Jordá, Vanesa
UNESCO Clasification: 530202 Modelos econométricos
Keywords: Gini Index
Income
Leimkuhler Curve
Order Statistics
Parametric Lorenz Curve
Issue Date: 2021
Project: Aportaciones A la Toma de Decisiones Bayesianas Óptimas: Aplicaciones Al Coste-Efectividad Con Datos Clínicos y Al Análisis de Riestos Con Datos Acturiales. 
PID2019-105986GB-C22
Journal: Communications in Statistics - Theory and Methods 
Abstract: Some families of Lorenz curves only approximate specific segments of the income distribution. This potential limitation motivates the consideration of more flexible models, which depart from a convenient form of the Lorenz curve. We begin with a Lorenz curve from which we generate a more flexible family of Lorenz curves through two new parameters. We explore the main properties of this family, including the Lorenz ordering, inequality measures, and Leimkhuler curves. An empirical application with US data suggests that the proposed models fit income data accurately.
URI: http://hdl.handle.net/10553/106622
ISSN: 0361-0926
DOI: 10.1080/03610926.2021.1894449
Source: Communications in Statistics - Theory and Methods [ISSN 0361-0926], (Enero 2021)
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