Ranking Income Distributions

Ranking Income Distributions with Crossing Generalised Lorenz Curves

Modeling Income Distributions Using Elevated Distributions

We present a two parameter family of continuous distribution on a bounded domain which has an elevated but finite density value at its lower bound. Such a characteristic appears to be useful, for example, when representing income distributions at lower income ranges. The family generalizes the one parameter Topp and Leone distribution originated in the 1950's and recently rediscovered. The fami...

Inference on Income Distributions

This paper attempts to provide a synthetic view of varied techniques available for performing inference on income distributions. Two main approaches can be distinguished: one in which the object of interest is some index of income inequality or poverty, the other based on notions of stochastic dominance. From the statistical point of view, many techniques are common to both approaches, although...

National Income Distributions and International Trade Flows

In this paper we model the pattern of international trade, and technological innovation and imitation between industrialized and developing regions, when preferences are nonhomothetic. By and large, models of the dynamics of North-South trade impose the assumption of unit income elasticity for all consumption goods. We relax this assumption and incorporate the insight from Engel’s Law: The budg...

Market - pegged social rents & local income distributions

but the findings and views expressed in it are solely the authors' responsibility. The study used data from the Family Resources Survey and the Labour Force Survey, which are provided by the Economic and Social Data Service at the University of Essex, and labour market data from NOMIS. Crown copyright applies to these materials.