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Income Distributions: A Comparison across Countries and Time

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  • Ripsy Bandourian

Abstract

A number of distributions have been used to describe income distribution. This paper estimates eleven distributions (GB, GB1, GB2, B, B1, B2, GG, BR3, BR12, GA, and LN) using data from eight countries (Australia, Canada, Israel, Norway, Russia, Taiwan, United Kingdom, and the United States) for three different years. Relative performance of each distribution is considered as well its performance over time for each country. In addition, a measure of income inequality is also estimated, and its relationship to these distributions is discussed. Some suggestions for further study in this field are also discussed.

Suggested Citation

  • Ripsy Bandourian, 2000. "Income Distributions: A Comparison across Countries and Time," LIS Working papers 231, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:231
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    1. Salem, A B Z & Mount, T D, 1974. "A Convenient Descriptive Model of Income Distribution: The Gamma Density," Econometrica, Econometric Society, vol. 42(6), pages 1115-1127, November.
    2. Thurow, Lester C, 1970. "Analyzing the American Income Distribution," American Economic Review, American Economic Association, vol. 60(2), pages 261-269, May.
    3. McDonald, James B. & Xu, Yexiao J., 1995. "A generalization of the beta distribution with applications," Journal of Econometrics, Elsevier, vol. 69(2), pages 427-428, October.
    4. James B. McDonald, 2008. "Some Generalized Functions for the Size Distribution of Income," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: Duangkamon Chotikapanich (ed.), Modeling Income Distributions and Lorenz Curves, chapter 3, pages 37-55, Springer.
    5. Parker, Simon C, 1999. "The Beta as a Model for the Distribution of Earnings," Bulletin of Economic Research, Wiley Blackwell, vol. 51(3), pages 243-251, July.
    6. Parker, Simon C., 1999. "The generalised beta as a model for the distribution of earnings," Economics Letters, Elsevier, vol. 62(2), pages 197-200, February.
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    Cited by:

    1. Ulman Paweł, 2014. "Income from Women’s Gainful Employment Compared to Household Income," Folia Oeconomica Stetinensia, Sciendo, vol. 14(1), pages 63-77, June.

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