The Kaniadakis Distribution for the Analysis of Income and Wealth Data

The paper reviews the “ [Formula: see text]-generalized distribution”, a statistical model for the analysis of income data. Basic analytical properties, interrelationships with other distributions, and standard measures of inequality such as the Gini index and the Lorenz curve are covered. An extens...

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Detalles Bibliográficos
Autor principal: Clementi, Fabio
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2023
Materias:
Review
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10453934/
https://www.ncbi.nlm.nih.gov/pubmed/37628171
http://dx.doi.org/10.3390/e25081141
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author Clementi, Fabio
author_facet Clementi, Fabio
author_sort Clementi, Fabio
collection PubMed
description The paper reviews the “ [Formula: see text]-generalized distribution”, a statistical model for the analysis of income data. Basic analytical properties, interrelationships with other distributions, and standard measures of inequality such as the Gini index and the Lorenz curve are covered. An extension of the basic model that best fits wealth data is also discussed. The new and old empirical evidence presented in the article shows that the [Formula: see text]-generalized model of income/wealth is often in very good agreement with the observed data.
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spelling pubmed-104539342023-08-26 The Kaniadakis Distribution for the Analysis of Income and Wealth Data Clementi, Fabio Entropy (Basel) Review The paper reviews the “ [Formula: see text]-generalized distribution”, a statistical model for the analysis of income data. Basic analytical properties, interrelationships with other distributions, and standard measures of inequality such as the Gini index and the Lorenz curve are covered. An extension of the basic model that best fits wealth data is also discussed. The new and old empirical evidence presented in the article shows that the [Formula: see text]-generalized model of income/wealth is often in very good agreement with the observed data. MDPI 2023-07-30 /pmc/articles/PMC10453934/ /pubmed/37628171 http://dx.doi.org/10.3390/e25081141 Text en © 2023 by the author. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Review
Clementi, Fabio
The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title_full The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title_fullStr The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title_full_unstemmed The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title_short The Kaniadakis Distribution for the Analysis of Income and Wealth Data
title_sort kaniadakis distribution for the analysis of income and wealth data
topic Review
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10453934/
https://www.ncbi.nlm.nih.gov/pubmed/37628171
http://dx.doi.org/10.3390/e25081141
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