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Empirical evidence, obtained from nonparametric estimation of the income distribution, exhibits strong heterogeneity in most populations of interest. It is common, therefore, to suspect that the population is composed of several homogeneous subpopulations. Such an assumption leads us to consider...
Persistent link: https://www.econbiz.de/10010750472
bootstrapping a commonly used index of inequality leads to inference that is not accurate even in very large samples, although … inference with poverty indices is satisfactory. We find that the major cause is the extreme sensitivity of many inequality …
Persistent link: https://www.econbiz.de/10010750903
Specific functional forms are often used in economic models of distributions; goodness-of-fit measures are used to assess whether a functional form is appropriate in the light of real-world data. Standard approaches use a distance criterion based on the EDF, an aggregation of differences in...
Persistent link: https://www.econbiz.de/10009019845