TWO NEW EXPONENTIAL FAMILIES OF LORENZ CURVES

ZuXiang Wang and Russell Smyth

No 20-07, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: We present two new Lorenz curve families by using the basic model proposed by Sarabia, Castillo and Slottje (1999). We present estimations which show that the models in our new families are very efficient when applied to data on income distribution for a range of countries from Shorrocks (1983).

Keywords: Lorenz; curve (search for similar items in EconPapers)
JEL-codes: C5 D3 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2007
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Citations: View citations in EconPapers (1)

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