On Inferring Income Inequality Measures Using L-moments

L-moments are expectations of linear combinations of order statistics, their use in reliability analysis has been established. In the present paper we study L-moments in relation to income inequality measures. Models characterized by functional relationships between L-moments and income inequality m...

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Bibliographic Details
Published inStochastics and quality control (Online) Vol. 30; no. 2; p. 75
Main Authors Sreelakshmi, N, Asha, G, Muraleedharan Nair, K R
Format Journal Article
LanguageEnglish
Published Berlin Walter de Gruyter GmbH 01.12.2015
Subjects
Income inequality
Random variables
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Summary:L-moments are expectations of linear combinations of order statistics, their use in reliability analysis has been established. In the present paper we study L-moments in relation to income inequality measures. Models characterized by functional relationships between L-moments and income inequality measures are studied. Finally, we define the ordering based on L-moments and study its implications on other existing orderings.
ISSN:2367-2390
2367-2404
DOI:10.1515/eqc-2015-0007