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An alternative functional form for estimating the lorenz curve

Nicholas Rohde
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Nicholas Rohde: School of Economics, The University of Queensland, https://economics.uq.edu.au

No 384, Discussion Papers Series from University of Queensland, School of Economics

Abstract: We propose a simple single parameter functional form for the Lorenz curve. The underlying probability density function and cumulative density functions for the Lorenz curve are derived and are shown to have some useful properties. The proposed functional form is fitted to existing data sets and is shown to provide a better fit than existing single parameter Lorenz curves for the given data.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:qld:uq2004:384

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