Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001633954
With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...
Persistent link: https://www.econbiz.de/10012772641
This paper investigates possible explanations for the increases in inequality observed in Brazil during the 1980s. While the static decompositions of inequality by household characteristics reveal that education and race of the household head, as well as geographic location, can account for a...
Persistent link: https://www.econbiz.de/10012772658
This paper presents a robust estimation of two income distribution models using Spanish data for the period 1990-91 under three different concepts of income. The effect on the estimates of the Theil index due to the choice of the definition of income and of the estimation method is also analysed
Persistent link: https://www.econbiz.de/10012772674
Using a newly available comprehensive micro-data set we examine changes in the shape of the Brazilian income distribution during the quot;lost decadequot; of the 1980s. We adopt alternative parametric and non-parametric approaches to modelling the distribution. We show that inequality changed...
Persistent link: https://www.econbiz.de/10012772675
An important aspect of income distribution is the modelling of the data using an appropriate parametric model. This involves estimating the parameters of the models, given the data at hand. Income data are typically in grouped form. Moreover, they are not always reliable in that they may contain...
Persistent link: https://www.econbiz.de/10012772677
Statistical problems in modelling personal income distributions include estimation procedures, testing and model choice. Typically, the parameters of a given model are estimated by classical procedures such as maximum likelihood and least squares estimators. Unfortunately, the classical methods...
Persistent link: https://www.econbiz.de/10012772692
This paper proposes a model of wealth distribution dynamics with a capital market imperfection and a production function where public capital is complementary to private capital. A unique invariant steady-state distribution is derived, with three social classes: subsistence workers, 'government...
Persistent link: https://www.econbiz.de/10012771170
This paper analyses the evolution of inequality and poverty in Brazil during the 1980s, using a large repeated cross-section household survey data set. We calculate standard scalar measures of inequality and poverty, together with decile means and decile shares. We also present percentile...
Persistent link: https://www.econbiz.de/10012751616