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Zenga's New Index of Economic Inequality, Its Estimation, and an Analysis of Incomes in Italy
Joint Authors
Pasquazzi, Leo
Zitikis, Ricardas
Greselin, Francesca
Source
Journal of Probability and Statistics
Issue
Vol. 2010, Issue 2010 (31 Dec. 2010), pp.1-26, 26 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2010-04-13
Country of Publication
Egypt
No. of Pages
26
Main Subjects
Abstract EN
For at least a century academics and governmental researchers have been developing measures that would aid them in understanding income distributions, their differences with respect to geographic regions, and changes over time periods.
It is a fascinating area due to a number of reasons, one of them being the fact that different measures, or indices, are needed to reveal different features of income distributions.
Keeping also in mind that the notions of poor and rich are relative to each other, Zenga (2007) proposed a new index of economic inequality.
The index is remarkably insightful and useful, but deriving statistical inferential results has been a challenge.
For example, unlike many other indices, Zenga's new index does not fall into the classes of L-, U-, and V-statistics.
In this paper we derive desired statistical inferential results, explore their performance in a simulation study, and then use the results to analyze data from the Bank of Italy Survey on Household Income and Wealth (SHIW).
American Psychological Association (APA)
Greselin, Francesca& Pasquazzi, Leo& Zitikis, Ricardas. 2010. Zenga's New Index of Economic Inequality, Its Estimation, and an Analysis of Incomes in Italy. Journal of Probability and Statistics،Vol. 2010, no. 2010, pp.1-26.
https://search.emarefa.net/detail/BIM-493115
Modern Language Association (MLA)
Greselin, Francesca…[et al.]. Zenga's New Index of Economic Inequality, Its Estimation, and an Analysis of Incomes in Italy. Journal of Probability and Statistics No. 2010 (2010), pp.1-26.
https://search.emarefa.net/detail/BIM-493115
American Medical Association (AMA)
Greselin, Francesca& Pasquazzi, Leo& Zitikis, Ricardas. Zenga's New Index of Economic Inequality, Its Estimation, and an Analysis of Incomes in Italy. Journal of Probability and Statistics. 2010. Vol. 2010, no. 2010, pp.1-26.
https://search.emarefa.net/detail/BIM-493115
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-493115