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A New Functional Form For Estimating Lorenz Curves

Author

Listed:
  • P. Ortega
  • G. Martín
  • A. Fernández
  • M. Ladoux
  • A. García

Abstract

There are several functional forms for estimating Lorenz curves from grouped data. Based on studies of the Spanish distribution of income, we propose a new functional form which provides very good fits. Our specification contains the Pareto Lorenz curve as a particular case, and allows one to compute easily, with the provided formulae, the Gini, Kakwani, and Chakravarty Inequality Indexes.

Suggested Citation

  • P. Ortega & G. Martín & A. Fernández & M. Ladoux & A. García, 1991. "A New Functional Form For Estimating Lorenz Curves," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 37(4), pages 447-452, December.
    • Handle: RePEc:bla:revinw:v:37:y:1991:i:4:p:447-452
    DOI: 10.1111/j.1475-4991.1991.tb00383.x
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