A Direct Estimate of Lorenz Curve and Inequality Measures in European Countries
摘要
In this work, the attention is focused on the possibility to directly estimate Lorenz curve and income inequality characteristics by using a new approach, involving Lorenz curve derivative, the so-called share density. In a parametric perspective, the maximum likelihood method is used to obtain parameter estimates characterizing the share density, by considering in a proper manner the observed data. Preliminary results regarding 27 different European countries are obtained, starting from European Union Statistics on Income and Living Conditions (EU-SILC) cross-sectional data.