Functional Form for Estimating the Lorenz Curve

Bijan Bidabad; Behrouz Bidabad

doi:10.46281/amfbr.v4i1.286

Bijan Bidabad Professor, Economics and Chief Islamic Banking Advisor, Bank Melli, Iran
Behrouz Bidabad Faculty of Mathematics, Polytechnics University, Hafez Ave, Tehran, 15914, Iran

DOI: https://doi.org/10.46281/amfbr.v4i1.286

Keywords: Lorenz Curve, Functional Form, Estimation, Income Inequality, Distribution

Abstract

A flexible Lorenz curve which offers different curvatures allowed by the theory of income distribution is introduced. The intrinsically autoregressive nature of the errors in cumulative data of the Lorenz curve is also under consideration.

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