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We investigate the effect of immigration to the UK showing that immigration is responsible for less than 16% of the increase in UK income and wealth inequality over the last 25 years. The contribution from EU immigrants is less than 10%, and less than 5% comes from EU8 EU2 (Bulgaria, the Czech...
Persistent link: https://www.econbiz.de/10012987728
We analyze the data on personal income distribution from the Australian Bureau of Statistics. We compare fits of the data to the exponential, log-normal, and gamma distributions. The exponential function gives a good (albeit not perfect) description of 98% of the population in the lower part of...
Persistent link: https://www.econbiz.de/10010591270
This paper proposes the κ-generalized distribution as a model for describing the distribution and dispersion of income within a population. Formulas for the shape, moments and standard tools for inequality measurement–such as the Lorenz curve and the Gini coefficient–are given. A method for...
Persistent link: https://www.econbiz.de/10011057735