Modeling Income Distributions and Lorenz Curves

Front Cover
Duangkamon Chotikapanich
Springer Science & Business Media, Sep 16, 2008 - Business & Economics - 322 pages
1 Review
Jean-Jacques Rousseau wrote in the Preface to his famous Discourse on Inequality that “I consider the subject of the following discourse as one of the most interesting questions philosophy can propose, and unhappily for us, one of the most thorny that philosophers can have to solve. For how shall we know the source of inequality between men, if we do not begin by knowing mankind?” (Rousseau, 1754). This citation of Rousseau appears in an article in Spanish where Dagum (2001), in the memory of whom this book is published, also cites Socrates who said that the only useful knowledge is that which makes us better and Seneca who wrote that knowing what a straight line is, is not important if we do not know what rectitude is. These references are indeed a good illustration of Dagum’s vast knowledge, which was clearly not limited to the ?eld of Economics. For Camilo the ?rst part of Rousseau’s citation certainly justi?ed his interest in the ?eld of inequality which was at the centre of his scienti?c preoccupations. It should however be stressed that for Camilo the second part of the citation represented a “solid argument in favor of giving macroeconomic foundations to microeconomic behavior” (Dagum, 2001). More precisely, “individualism and methodological holism complete each other in contributing to the explanation of individual and social behavior” (Dagum, 2001).
 

What people are saying - Write a review

User Review - Flag as inappropriate

sajad

Contents

A New Model of Personal Income Distribution Specification and Estimation
3
A Function for Size Distribution of Incomes
27
Some Generalized Functions for the Size Distribution of Income
37
Efficient Estimation of the Lorenz Curve and Associated Inequality Measures from Grouped Observations
57
Distribution and Mobility of Wealth of Nations
71
Survey papers on Lorenz functions and the generalizations and extensions of income distributions
96
A Guide to the Dagum Distributions
97
Pareto and Generalized Pareto Distributions
119
Maximum Entropy Estimation of Income Distributions from Bonferroni Indices
193
New Four and FiveParameter Models for Income Distributions
211
Fuzzy Monetary Poverty Measures under a Dagum Income Distributive Hypothesis
225
Modelling Lorenz Curves Robust and Semiparametric Issues
241
Modelling Inequality with a Single Parameter
255
Lorenz Curves and Generalised Entropy Inequality Measures
271
Estimating Income Distributions Using a Mixture of Gamma Densities
285
Inequality in Multidimensional Indicators of WellBeing Methodology and Application to the Human Development Index
303

The Generalized Beta Distribution as a Model for the Distribution of Income Estimation of Related Measures of Inequality
147
Parametric Lorenz Curves Models and Applications
167
Current research
191

Other editions - View all

Common terms and phrases