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- W1990307051 abstract "Lorenz curves and second-order dominance criteria are known to be sensitive to data contamination in the right tail of the distribution. We propose two ways of dealing with the problem: (1) Estimate Lorenz curves using parametric models for income distributions, and (2) Combine empirical estimation with a parametric (robust) estimation of the upper tail of the distribution using the Pareto model. Approach (2) is preferred because of its flexibility. Using simulations we show the dramatic effect of a few contaminated data on the Lorenz ranking and the performance of the robust approach (2). Statistical inference tools are also provided." @default.
- W1990307051 created "2016-06-24" @default.
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- W1990307051 date "2001-05-01" @default.
- W1990307051 modified "2023-09-26" @default.
- W1990307051 title "Robust Lorenz curves : a semi-parametric approach" @default.
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