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Probabilistic models of income distributions

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  • Łukasiewicz, Piotr
  • Orłowski, Arkadiusz

Abstract

The results showing relationships between distributions of individual incomes and incomes of two-earners households are presented. It is shown that individual incomes are very well described by Dagum's distributions. Income distributions in two quite different countries (USA and Poland) are studied for comparison. Obtained results show very striking and interesting differences.

Suggested Citation

  • Łukasiewicz, Piotr & Orłowski, Arkadiusz, 2004. "Probabilistic models of income distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 344(1), pages 146-151.
    • Handle: RePEc:eee:phsmap:v:344:y:2004:i:1:p:146-151
    DOI: 10.1016/j.physa.2004.06.106
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    References listed on IDEAS

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    1. A. Drăgulescu & V.M. Yakovenko, 2001. "Evidence for the exponential distribution of income in the USA," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 20(4), pages 585-589, April.
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    Cited by:

    1. Christian Kleiber, 2008. "A Guide to the Dagum Distributions," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: Duangkamon Chotikapanich (ed.), Modeling Income Distributions and Lorenz Curves, chapter 6, pages 97-117, Springer.
    2. Michał Brzeziński, 2013. "Parametric Modelling of Income Distribution in Central and Eastern Europe," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 5(3), pages 207-230, September.
    3. Trzcińska Kamila, 2020. "Analysis of Household Income in Poland Based on the Zenga Distribution and Selected Income Inequality Measure," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 421-436, June.

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    Keywords

    Income distributions;

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