A NEW FUNCTIONAL FORM FOR ESTIMATING LORENZ CURVES
- 1 December 1991
- journal article
- Published by Wiley in Review of Income and Wealth
- Vol. 37 (4) , 447-452
- https://doi.org/10.1111/j.1475-4991.1991.tb00383.x
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.Keywords
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