Estimating
the Income Shares of a Grouped Frequency Distribution of Incomes
Summary
Several
techniques of income distribution analysis assume that the income shares
of the classes into which the income range has been partitioned are known.
These shares are often omitted from the income data and must be interpolated.
The purpose of this article is first, to review three procedures for piecewise
interpolation of income shares; and second, to compare their performances
with a set of observed distributions. The results suggest that a spline
function of loglogistic densities provides plausible estimates of income
shares also with a very limited amount of information.
keywords
income
indequality, class marks, concentration indices
(*)Statistica applicata, Vol. 21, n.3, pp. 307-319
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