Eckernkemper, Tobias; Gribisch, Bastian - In: Oxford Bulletin of Economics and Statistics 83 (2020) 1, pp. 32-65
We propose a general framework for Maximum Likelihood (ML) and Bayesian estimation of income distributions based on grouped data information. The asymptotic properties of the ML estimators are derived and Bayesian parameter estimates are obtained by Monte Carlo Markov Chain (MCMC) techniques. A...