Modeling income distributions and Lorenz curves
Modeling income distributions and Lorenz curves
复制标题
收入分配和洛伦兹曲线建模
DOI:
10.1007/s10888-010-9132-5
复制
发表时间:
2010
期刊:
影响因子:
--
通讯作者:
D. Slottje
中科院分区:
文献类型:
--
作者:
D. Slottje
she has done a fine job in honoring the memory of the supremely talented and eclectic scholar, Camilo Dagum. Secondly, she has compiled in one place the best collection of work I have encountered on modeling income distributions, using hypothetical income distribution functions (henceforth,“HIDF”) to approximate and describe empirical income distribution data. Rather than expending the reader’s time by recounting the obvious, I am not going to write a few paragraphs about each paper. Professor Chotikapanich has done an excellent job in her introduction to the volume of describing each paper’s content in a substantive way. In addition, the abstracts are well thought out and clearly convey what each chapter is about, so I refer the interested reader to those as well. What I will do is get to the punch line. This is an excellent book and I recommend it strongly to anyone interested in this field and urge you to read it. The rest of this review will attempt to tell you why you should read it. Inequality specialists have always had a lot of choices on how they quantify and report the level of inequality inherent in an empirical distribution of wages or income. The issue frequently boils down to using a summary measure of inequality (like a Gini) to describe the level of inequality inherent in a distribution or using an HIDF (like the Dagum model) to approximate and describe the entire data batch; or doing both, namely using an HIDF and estimating its parameters to then estimate the Lorenz Curve and attendant Gini, etc., from it. One significant advantage of the HDIF approach is that you can estimate up to as many parameters as you wish, and then treat these parameters like “hyper-parameters” and see how other covariates