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Functional classes of Lorenz curves are derived from a generalization of a relative poverty notion. All these Lorenz curves compare individual income to the average of all larger or all smaller incomes. The parameters of the Lorenz curves are effectively computed from empirical income data by least square regressions. Best fits are analyzed and resulting functional Gini indices are compared to empirical Gini indices. Copyright Springer-Verlag 2004

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Year of publication:	2004
Authors:	Kämpke, Thomas
Published in:	Empirical Economics. - Department of Economics and Finance Research and Teaching. - Vol. 29.2004, 3, p. 697-704
Publisher:	Department of Economics and Finance Research and Teaching
Subject:	Differential equation \| Lorenz curve \| relative poverty measure

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005166597