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The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income … distributions, thereby providing a full range of top-sensitive and bottom-sensitive measures. An examination of British income … inequality in 1994/95 and 2004/05 illustrates the analysis …
Persistent link: https://www.econbiz.de/10012729797
distribution of a function of random variables, and choosing between two or more distributions. To illustrate the procedures we …
Persistent link: https://www.econbiz.de/10013158050
inequality. The paper proceeds by exploring a set of two-parameter continuous probability distributions widely used in economic …, characterized by special income distributions, whenever inequality disrupts social harmony and social cohesion, it attacks on two …Social scientists study two kinds of inequality: inequality between persons (as in income inequality) and inequality …
Persistent link: https://www.econbiz.de/10013317114
distributions, which we call the mirror-exponential and the ring-exponential. Both the standard exponential and the ring(2 … form and inequality of the wage distribution …
Persistent link: https://www.econbiz.de/10013317214
This paper proposes a new model of wage determination and wage inequality. In this model, wage-setters set workers …-setters (or arising from their policies) form a distribution, and all the wage-setter-specific distributions are combined into a … for the effects of democracy on wage inequality. These include: (1) The effects of the number of wage-setters and their …
Persistent link: https://www.econbiz.de/10013324765
approach to European EU-SILC survey data which in some countries include administrative data. We find higher inequality in …
Persistent link: https://www.econbiz.de/10012962265
This paper scrutinizes the conventional wisdom about trends in UK income inequality and also places contemporary … inequality in a much longer historical perspective. We combine household survey and income tax data to provide better coverage of … all income ranges from the bottom to the very top. We make a case for studying distributions of income between tax units …
Persistent link: https://www.econbiz.de/10012908886
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored … observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed … Population Survey (CPS) internal data, we find few statistically significant differences in income inequality for pairs of years …
Persistent link: https://www.econbiz.de/10012764667
first estimates of top-corrected inequality trends for real equivalized disposable incomes over the years 1994-2015. We find …-corrected inequality estimates exist. The highest-income earners benefited the most during the post-socialist transformation: the annual …
Persistent link: https://www.econbiz.de/10012859739
I determine UK income inequality levels and trends by combining inequality estimates from tax return data (for the … enhance comparability. For top income recipients, I estimate inequality and mean income by fitting Pareto models to the tax … with a threshold set at the 99th or 95th percentile (depending on year). Conclusions about aggregate UK inequality trends …
Persistent link: https://www.econbiz.de/10012985277