An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models
Research background: Studies of income distributions may focus on describing empirical distributions by theoretical models. This approach can be useful for many reasons. When choosing a statistical model, it is important both to find out a theoretical distribution function that would characterize em...
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Format: | Article |
Language: | English |
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Sciendo
2022-06-01
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Series: | Folia Oeconomica Stetinensia |
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Online Access: | https://doi.org/10.2478/foli-2022-0014 |
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author | Trzcińska Kamila |
author_facet | Trzcińska Kamila |
author_sort | Trzcińska Kamila |
collection | DOAJ |
description | Research background: Studies of income distributions may focus on describing empirical distributions by theoretical models. This approach can be useful for many reasons. When choosing a statistical model, it is important both to find out a theoretical distribution function that would characterize empirical frequency distribution and to choose suitable methods to calculate the parameters of the model. In the literature, there are proposals for various types of mathematical functions. Very high accuracy with empirical distribution is characteristic for Dagum and log-normal models. In 2010 Zenga proposed a new three-parameter model for economic size distribution which possesses interesting statistical properties. |
first_indexed | 2024-04-12T08:25:43Z |
format | Article |
id | doaj.art-c1ebd93c6f9140b2a551883e23e99c7b |
institution | Directory Open Access Journal |
issn | 1898-0198 |
language | English |
last_indexed | 2024-04-12T08:25:43Z |
publishDate | 2022-06-01 |
publisher | Sciendo |
record_format | Article |
series | Folia Oeconomica Stetinensia |
spelling | doaj.art-c1ebd93c6f9140b2a551883e23e99c7b2022-12-22T03:40:25ZengSciendoFolia Oeconomica Stetinensia1898-01982022-06-0122128730110.2478/foli-2022-0014An Analysis of Household Income in Poland and Slovakia Based on Selected Income ModelsTrzcińska Kamila0University of Lodz, Department of Statistics and Demography, Rewolucji 1905 r. 41, 92-2014Lodz, PolandResearch background: Studies of income distributions may focus on describing empirical distributions by theoretical models. This approach can be useful for many reasons. When choosing a statistical model, it is important both to find out a theoretical distribution function that would characterize empirical frequency distribution and to choose suitable methods to calculate the parameters of the model. In the literature, there are proposals for various types of mathematical functions. Very high accuracy with empirical distribution is characteristic for Dagum and log-normal models. In 2010 Zenga proposed a new three-parameter model for economic size distribution which possesses interesting statistical properties.https://doi.org/10.2478/foli-2022-0014income distributiondagum modellog-normal modelzenga modelgini indexatkinson indexsen indexkakwani indexc1c10c13c15 |
spellingShingle | Trzcińska Kamila An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models Folia Oeconomica Stetinensia income distribution dagum model log-normal model zenga model gini index atkinson index sen index kakwani index c1 c10 c13 c15 |
title | An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models |
title_full | An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models |
title_fullStr | An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models |
title_full_unstemmed | An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models |
title_short | An Analysis of Household Income in Poland and Slovakia Based on Selected Income Models |
title_sort | analysis of household income in poland and slovakia based on selected income models |
topic | income distribution dagum model log-normal model zenga model gini index atkinson index sen index kakwani index c1 c10 c13 c15 |
url | https://doi.org/10.2478/foli-2022-0014 |
work_keys_str_mv | AT trzcinskakamila ananalysisofhouseholdincomeinpolandandslovakiabasedonselectedincomemodels AT trzcinskakamila analysisofhouseholdincomeinpolandandslovakiabasedonselectedincomemodels |