Time-Varying Inequality Measurement with the Generalised Exponential Distribution

The aim of this paper is to present a method of examining the effects of macroeconomic variables on the personal distribution of income over time. Given the complexity of the relation between macroeconomic variables and the personal distribution, involving a 'mapping' from just a few variables to a very large number of incomes, it is perhaps not surprising that statistical approaches have usually been taken in which summary measures of the distribution are related to the macroeconomic variables.