Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution
The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when compa...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2017-05-01
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| Series: | Economies |
| Subjects: | |
| Online Access: | http://www.mdpi.com/2227-7099/5/2/14 |
| _version_ | 1811184897727922176 |
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| author | Santiago Pindado Carlos Pindado Javier Cubas |
| author_facet | Santiago Pindado Carlos Pindado Javier Cubas |
| author_sort | Santiago Pindado |
| collection | DOAJ |
| description | The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when compared to other distributions (Log-Normal, Gamma, Dagum, GB2). Analysis of the data through the fitted Fréchet distributions reveals a tendency towards more balanced (i.e., less skewed) salary distributions from 2002 to 2014 in Spain. |
| first_indexed | 2024-04-11T13:20:03Z |
| format | Article |
| id | doaj.art-42aebe8c7c7748908ace3166e29e07f2 |
| institution | Directory Open Access Journal |
| issn | 2227-7099 |
| language | English |
| last_indexed | 2024-04-11T13:20:03Z |
| publishDate | 2017-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Economies |
| spelling | doaj.art-42aebe8c7c7748908ace3166e29e07f22022-12-22T04:22:14ZengMDPI AGEconomies2227-70992017-05-01521410.3390/economies5020014economies5020014Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ DistributionSantiago Pindado0Carlos Pindado1Javier Cubas2Instituto Universitario de Microgravedad “Ignacio Da Riva” (IDR/UPM), ETSI Aeronáutica y del Espacio, Universidad Politécnica de Madrid, Pza. del Cardenal Cisneros 3, 28040 Madrid, SpainColegio de Ingenieros de Caminos, Canales y Puertos, Colegiado n° 13177, Almagro 42 - 1<sup>a</sup> Planta, 28010 Madrid, SpainInstituto Universitario de Microgravedad “Ignacio Da Riva” (IDR/UPM), ETSI Aeronáutica y del Espacio, Universidad Politécnica de Madrid, Pza. del Cardenal Cisneros 3, 28040 Madrid, SpainThe official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when compared to other distributions (Log-Normal, Gamma, Dagum, GB2). Analysis of the data through the fitted Fréchet distributions reveals a tendency towards more balanced (i.e., less skewed) salary distributions from 2002 to 2014 in Spain.http://www.mdpi.com/2227-7099/5/2/14Spanish economysalary distributionparametric modellingFréchet distributionminimum wage |
| spellingShingle | Santiago Pindado Carlos Pindado Javier Cubas Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution Economies Spanish economy salary distribution parametric modelling Fréchet distribution minimum wage |
| title | Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution |
| title_full | Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution |
| title_fullStr | Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution |
| title_full_unstemmed | Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution |
| title_short | Fréchet Distribution Applied to Salary Incomes in Spain from 1999 to 2014. An Engineering Approach to Changes in Salaries’ Distribution |
| title_sort | frechet distribution applied to salary incomes in spain from 1999 to 2014 an engineering approach to changes in salaries distribution |
| topic | Spanish economy salary distribution parametric modelling Fréchet distribution minimum wage |
| url | http://www.mdpi.com/2227-7099/5/2/14 |
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