Abstract
A new functional form for the Lorenz curve is proposed and compared with two curves from the existing literature. In an application to Thai data the proposed function outperforms the others in terms of the Gini coefficient estimation, but is not as good for predicting expenditure shares.
Original language | English |
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Pages (from-to) | 129-138 |
Number of pages | 10 |
Journal | Economics Letters |
Volume | 41 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jan 1993 |