McAleer, Michael; Ryu, Hang-keun; Slottje, Daniel Jonathan - 2017
There is a vast literature on the selection of an appropriate index of income inequality and on what desirable … properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Pareto distribution. But these income distribution functions (IDFs) continue to be described with a single index (such as the …