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An alternative functional form for estimating the Lorenz curve. (English) Zbl 1179.91213

Summary: We propose a simple single parameter functional form for the Lorenz curve. The new specification is fitted to existing data sets and is shown to provide a better fit than existing single parameter Lorenz curves for the given data.

MSC:

91B82 Statistical methods; economic indices and measures
62P20 Applications of statistics to economics
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References:

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