Title of article
The power-law tail exponent of income distributions
Author/Authors
F. Clementi، نويسنده , , T. Di Matteo، نويسنده , , M. Gallegati، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
49
To page
53
Abstract
In this paper we tackle the problem of estimating the power-law tail exponent of income distributions by using the Hillʹs estimator. A subsample semi-parametric bootstrap procedure minimizing the mean squared error is used to choose the power-law cutoff value optimally. This technique is applied to personal income data for Australia and Italy.
Journal title
Physica A Statistical Mechanics and its Applications
Serial Year
2006
Journal title
Physica A Statistical Mechanics and its Applications
Record number
871131
Link To Document