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dc.contributor.authorDagsvik, John K.
dc.contributor.authorVatne, Bjørn Helge
dc.date.accessioned2011-10-09T10:50:23Z
dc.date.available2011-10-09T10:50:23Z
dc.date.issued1999
dc.identifier.issn1892-753x
dc.identifier.urihttp://hdl.handle.net/11250/180327
dc.description.abstractMandelbrot (1961) proposed to apply the class of Pareto-Levy distributions - which belong to the Stable distributions - as a framework for modelling income distributions. He also presented theoretic arguments in favor of the Pareto-Levy distributions. In this paper we provide additional theoretical justification for this class of distributions. We also use micro data on individual market income to estimate the parameters of a Pareto-Levy distribution. Several estimation methods have been applied. The estimated Pareto-Levy distribution appears to fit the data well.en_US
dc.language.isoengen_US
dc.publisherStatistics Norwayen_US
dc.relation.ispartofseriesDiscussion Papers;No. 246
dc.subjectInntektsfordelingen_US
dc.subjectStatistiske modelleren_US
dc.subjectStatistisk analyseen_US
dc.subjectMarkedsteorien_US
dc.subjectJEL classification: C13en_US
dc.subjectJEL classification: D31en_US
dc.titleIs the distribution of income compatible with s stable distribution?en_US
dc.typeWorking paperen_US
dc.subject.nsiVDP::Mathematics and natural science: 400::Mathematics: 410::Statistics: 412en_US
dc.subject.nsiVDP::Social science: 200::Economics: 210en_US
dc.source.pagenumber28 s.en_US


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