Chotikapanich, Duangkamon; Griffiths, William - In: Review of Income and Wealth 47 (2001) 4, pp. 541-47
The conventional formula for estimating the extended Gini coefficient is a covariance formula provided by Lerman and Yitzhaki (1989). We suggest an alternative estimator, obtained by approximating the Lorenz curve by a series of linear segments. In a Monte Carlo experiment designed to assess the...