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Asymptotic and bootstrap inference for top income shares

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  • Brzezinski, Michal

Abstract

We analyse statistical inference for top income shares in finite samples. The asymptotic inference performs poorly even in large samples. The standard bootstrap tests give some improvement, but can be unreliable. The semi-parametric bootstrap approach is accurate in moderate and larger samples.

Suggested Citation

  • Brzezinski, Michal, 2013. "Asymptotic and bootstrap inference for top income shares," Economics Letters, Elsevier, vol. 120(1), pages 10-13.
    • Handle: RePEc:eee:ecolet:v:120:y:2013:i:1:p:10-13
    DOI: 10.1016/j.econlet.2013.03.045
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    Cited by:

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    2. Seyed Morteza Seyedian & Ozgur Kisi & Abbas Parsaie & Mojtaba Kashani, 2024. "Improving the Reliability of Compound Channel Discharge Prediction Using Machine Learning Techniques and Resampling Methods," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 38(12), pages 4685-4709, September.
    3. Frank A. Cowell & Philippe Kerm, 2015. "Wealth Inequality: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 671-710, September.
    4. Alexis Akira Toda & Yulong Wang, 2021. "Efficient minimum distance estimation of Pareto exponent from top income shares," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 36(2), pages 228-243, March.
    5. Kazuhiko Kakamu, 2016. "Simulation Studies Comparing Dagum and Singh–Maddala Income Distributions," Computational Economics, Springer;Society for Computational Economics, vol. 48(4), pages 593-605, December.
    6. D'Amico, Guglielmo & Di Biase, Giuseppe & Manca, Raimondo, 2014. "Decomposition Of The Population Dynamic Theil'S Entropy And Its Application To Four European Countries," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 55(2), pages 229-239, December.

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    More about this item

    Keywords

    Top income shares; Income distribution; Inference; Bootstrap; Semi-parametric bootstrap;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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