Barigozzi, Matteo; Alessi, Lucia; Capasso, Marco; … - European Central Bank - 2009
, Budget Shares, Sum of Log-Normal
Distributions.
JEL Classification D3, D12, C12.
5
ECB
Working Paper Series No 1061
June … well-approximated by log-normal densi-
ties (or, as they put it, are “more log-normal than income”).
6
In a complementary … distributions —for
any given wave and commodity category— are well-proxied by log-normal distributions (with
very different …