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This paper introduces a new Lorenz dominance criterion that allows ranking income distributions according to centrist measures à la Seidl and Pfingsten (1997). In doing so, it defines α-Lorenz curves by adapting the generalized Lorenz curves to this case. In addition, it provides an empirical...
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This paper introduces a unit-consistent Lorenz dominance criterion that allows ranking income distributions according to centrist measures à la Seidl and Pfingsten (1997). In doing so, it defines α -Lorenz curves that generalize the absolute Lorenz curve. These curves allow implementing...
Persistent link: https://www.econbiz.de/10015369268