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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Main Author: Trzcińska Kamila
Format: Article
Language:English
Published: Sciendo 2022-06-01
Series:Folia Oeconomica Stetinensia
Subjects:
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.
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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
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