A NEW FUNCTIONAL FORM FOR ESTIMATING LORENZ CURVES

P. Ortega, G. Martín, A. Fernández, M. Ladoux and A. García

Review of Income and Wealth, 1991, vol. 37, issue 4, 447-452

Abstract: There are several functional forms for estimating Lorenz curves from grouped data. Based on studies of the Spanish distribution of income, we propose a new functional form which provides very good fits. Our specification contains the Pareto Lorenz curve as a particular case, and allows one to compute easily, with the provided formulae, the Gini, Kakwani, and Chakravarty Inequality Indexes.

Date: 1991
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