A hierarchy of lorenz curves based on the generalized tukey's lambda distribution |
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| Authors: | Jos -Marí Sarabia |
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| Institution: | José,-Marí, Sarabia |
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| Abstract: | A hierarchy of Lorenz curves based on the generalized Tukey's Lambda distribution is proposed. Representations of the corresponding distribution and density function are also provided, together with popular inequality measures. Estimation methods are suggested. Finally, a comparison with other parametric families of Lorenz curves is established. |
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| Keywords: | Generalized Tukey's Lambda distribution Classical Pareto Lorenz curve Gini index Pietra index |
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