Majumder, Amita; Chakravarty, Satya Ranjan - In: Journal of Applied Econometrics 5 (1990) 2, pp. 189-96
This paper proposes a four-parameter statistical model of the personalized distribution of income using the "income share elasticity" approach suggested by Esteban (1986). Our proposed model includes the Singh-Maddala (1976) and Dagum (1977) distributions as special cases. The generalized beta...