Fréchet distribution applied to salary incomes in Spain from 1999 to 2014 : an engineering approach to changes in salaries' distribution

Santiago Pindado, Carlos Pindado and Javier Cubas

The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when compared to other distributions (Log-Normal, Gamma, Dagum, GB2). Analysis of the data through the fitted Fréchet distributions reveals a tendency towards more balanced (i.e., less skewed) salary distributions from 2002 to 2014 in Spain.

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Year of publication:	June 2017
Authors:	Pindado, Santiago ; Pindado, Carlos ; Cubas, Javier
Subject:	Spanish economy \| salary distribution \| parametric modelling \| Fréchet distribution \| minimum wage \| Spanien \| Spain \| Mindestlohn \| Minimum wage \| Einkommensverteilung \| Income distribution \| Lohnstruktur \| Wage structure \| Lohn \| Wages \| Statistische Verteilung \| Statistical distribution

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