Abstract:
ineqfac provides an exact decomposition of the inequality of total income into inequality contributions from each of the factor components of total income. ineqfac was designed as a tool for income distribution analysis in the case where the current sample contains observations on income components for each of a set of income receiving units (e.g. families, households, persons). In this case, facvars might include labour income, income from investments and pensions, cash transfers, etc. See Shorrocks (1982b) and Jenkins (1995) for examples. ineqfac may also be applied to summarise and compare the riskiness of portfolios of wealth holdings: s_f, the "proportionate contribution of factor f to total inequality", has exactly the same form as the "beta coefficient" used in finance analysis.
Language: Stata Requires: Stata version 5.0 Keywords:inequality; factor analysis; decomposition (search for similar items in EconPapers) Date: 1999-01-12 Note: This module may be installed from within Stata by typing "ssc install ineqfac". Windows users should not attempt to download these files with a web browser. View citations in EconPapers
More software in Statistical Software Components from Boston College Department of Economics Address: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA Contact information at EDIRC. Series data maintained by Christopher F Baum ().
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