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~institution:"Department of Econometrics and Business Statistics, Monash Business School"
~language:"eng"
~person:"Ng, Yew-Kwang"
~subject:"Gini index Abstract: Sarabia et al. (1999) present a basic model to create ordered families of Lorenz curves"
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Gini index Abstract: Sarabia et al. (1999) present a basic model to create ordered families of Lorenz curves
Lorenz curve
2
Environmentally responsible happy nation index
1
Gender
1
Gini index
1
Value of life
1
alimony
1
along with basic theorems that describe the conditions for the models to satisfy the definition of the Lorenz curve. Using these basic models
1
division of labor
1
duality
1
flexible specialization
1
happiness
1
interest rates
1
interpersonal comparison
1
life expectancy
1
marriage
1
measurability
1
mechanization
1
mortality
1
national success indicators
1
specialization
1
spousal support
1
they suggest a family which includes several well-known Lorenz models as special cases. This paper first shows that their basic theorems can be generalized. The paper then proceeds to propose additional families of Lorenz models. Finally the performance of some of the models is compared and it is shown that more efficient Lorenz models are possible with the assistance of our generalized result of the Sarabia et al. (1999) basic model
1
time preference
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vertical specialization
1
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English
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Ng, Yew-Kwang
Smyth, Russell
1
Wang, ZuXiang
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Department of Econometrics and Business Statistics, Monash Business School
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Monash Economics Working Papers
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RePEc
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REVISITING THE ORDERED FAMILY OF LORENZ CURVES
Wang, ZuXiang
;
Ng, Yew-Kwang
;
Smyth, Russell
-
Department of Econometrics and Business Statistics, …
-
2007
Persistent link: https://www.econbiz.de/10005064134
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