Comparing inequality of distributions on the basis of mixed Lorenz curves
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86099846" target="_blank" >RIV/61989100:27510/16:86099846 - isvavai.cz</a>
Result on the web
<a href="https://www.ekf.vsb.cz/export/sites/ekf/rmfr/cs/sbornik/Soubory/Part_II.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/rmfr/cs/sbornik/Soubory/Part_II.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Comparing inequality of distributions on the basis of mixed Lorenz curves
Original language description
The Lorenz dominance (LD) is generally used to rank Lorenz curves (LCs) or, equivalently, the corresponding distributions, in terms of inequality. When LCs intersect, the LD is not verified, but we can rely on weaker orders such as the upward or downward second-degree Lorenz dominance (2-LD), which emphasize the effect of the left or the right tail, respectively. The main idea of this paper it to propose a dominance relation that lies between the LD and the 2-LD, i.e. weaker than the former and stronger than the latter. For this purpose, we introduce a mixed Lorenz curve, that is, a mix of the original LC and a symmetric trasformation of it. By so doing, our approach is also intended to emphasize both tails of the distribution, rather than one. We provide an exemplification with regard to distributions of income.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Managing and Modelling of Financial Risks : proceedings of the 8th international scientific conference : September 5-6, 2016, Ostrava, Czech Republic
ISBN
978-80-248-3994-3
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
499-505
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Sep 5, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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