DARP Paper

Sensitivity of Inequality Measures to Extreme Values, (published in Journal of Econometrics, vol. 141, (2007), pp. 1044-1072).

Frank A Cowell and Emmanuel Flachaire

We examine the sensitivity of estimates and inequality indices to extreme values, in the sense of their robustness properties and of their statistical performance. We establish that these measures are very sensitive to t...Read more...