On Inferring Income Inequality Measures Using L-moments

Sreelakshmi N. (), Asha G. () and Muraleedharan Nair K. R. ()
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Sreelakshmi N.: Indian Statistical Institute, Chennai, India
Asha G.: Department of Statistics, Cochin University of Science and Technology, Cochin-22, India
Muraleedharan Nair K. R.: Department of Statistics, Cochin University of Science and Technology, Cochin-22, India

Stochastics and Quality Control, 2015, vol. 30, issue 2, 75-87

Abstract: L-moments are expectations of linear combinations of order statistics, their use in reliability analysis has been established. In the present paper we study L-moments in relation to income inequality measures. Models characterized by functional relationships between L-moments and income inequality measures are studied. Finally, we define the ordering based on L-moments and study its implications on other existing orderings.

Keywords: Ageing; L-moments; Inequality Measures; Stochastic Ordering (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:ecqcon:v:30:y:2015:i:2:p:75-87:n:2

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DOI: 10.1515/eqc-2015-0007

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