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Abstract:

DARP Paper
Estimation of Inequality Indices, (published in Income Inequality Measurement:From Theory to Practice, J Silber (ed), Dewenter: Kluwer 1999)
Frank A Cowell October 1996
Paper No' DARP 025:
Full Paper (pdf)

Tags: inequality; asymptotic estimates; resampling; grouping; robustness

Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to take into account the characteristics of the data with which one usually has to work. These raise a number of common statistical problems which are addressed here for both micro-data and grouped data. The theoretical properties of inequality measures can often be used to simplify these problems and derive implementable algorithims.