Uematsu, Hiroki; Mishra, Ashok Kumar; Powell, Rebekah Rachel - In: Applied Economics Letters 19 (2012) 15, pp. 1431-1436
A popular approach to estimating income variance in cross-sectional data is to use an aggregate method by categorizing sample observations into arbitrarily formed groups, taking into account some socio-economic attributes. This study proposes an alternative technique that can be used to estimate...