In this paper, we review some ranking criteria for comparison of income distributions in terms of inequality, based on the Lorenz curve. Then, we describe a general method for obtaining classes of inequality measures that are isotonic, or order-preserving, with the orderings studied. Finally, we perform an empirical analysis with which we analyze and compare the income distributions of 33 European counties, including the EU-28.
(2017). Income Inequality and Intersecting Lorenz Curves: an Empirical Study . In FINANCIAL MANAGEMENT OF FIRMS AND FINANCIAL INSTITUTIONS. Retrieved from http://hdl.handle.net/10446/126764
Income Inequality and Intersecting Lorenz Curves: an Empirical Study
Lando, Tommaso;Bertoli Barsotti, Lucio
2017-01-01
Abstract
In this paper, we review some ranking criteria for comparison of income distributions in terms of inequality, based on the Lorenz curve. Then, we describe a general method for obtaining classes of inequality measures that are isotonic, or order-preserving, with the orderings studied. Finally, we perform an empirical analysis with which we analyze and compare the income distributions of 33 European counties, including the EU-28.| File | Dimensione del file | Formato | |
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