Fast methods for jackknifing inequality indices

Lynn Karoly and Carsten Schröder

No 2013-04, Economics Working Papers from Christian-Albrechts-University of Kiel, Department of Economics

Abstract: The jackknife is a resampling method that uses subsets of the original database by leaving out one observation at a time from the sample. The paper outlines a procedure to obtain jackknife estimates for several inequality indices with only a few passes through the data. The number of passes is independent of the number of observations. Hence, the method provides an efficient way to obtain standard errors of the estimators even if sample size is large. We apply our method using micro data on individual incomes for Germany and the US.

Keywords: Jackknife; Resampling; Sampling Variability; Inequality (search for similar items in EconPapers)
JEL-codes: C81 C87 D3 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-ecm
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https://www.econstor.eu/bitstream/10419/83644/1/768990475.pdf (application/pdf)

Related works:
Journal Article: Fast methods for jackknifing inequality indices (2015)
Working Paper: Fast Methods for Jackknifing Inequality Indices (2014)
Working Paper: Fast Methods for Jackknifing Inequality Indices (2013)
Working Paper: Fast Methods for Jackknifing Inequality Indices (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:cauewp:201304

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