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An Alternative Single Parameter Functional Form for Lorenz Curve

Publication Type : Miscellaneous

Thematic Areas : Amrita Center for Economics and Governance (ACEG)

Url : https://www.researchgate.net/publication/322049308_An_Alternative_Single_Parameter_Functional_Form_for_Lorenz_Curve

Campus : Amritapuri

School : School of Economics

Center : Technologies & Education (AmritaCREATE)

Department : Economics & Governance, Department of Economics

Year : 2017

Abstract : This paper proposes a single parameter functional form for the Lorenz curve and compares its performance with the existing single parameter functional forms using Australian income data for 10 years. The proposed parametric functional form performs better than the existing Lorenz functional forms. The Gini based on the proposed functional form is closest to true Gini each year.

Cite this Research Publication : Dr. Satya Paul and Shankar, S., “An Alternative Single Parameter Functional Form for Lorenz Curve”. 2017.

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