Divergence Between Parametric Income Distributions
File version
Accepted Manuscript (AM)
Author(s)
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
Size
File type(s)
Location
Abstract
Situations often arise in which we are interested in measuring divergence between distributions over time or across regions. This paper proposes an entropy measure of divergence and derives analytical expressions for several parametric distributions widely used in modelling income distributions. An empirical application using income distribution data for the US from 1970 to 2019 shows a significant divergence or shift during the 1980-2000 period but relative stability on either side of this period.
Journal Title
Economics Letters
Conference Title
Book Title
Edition
Volume
Issue
Thesis Type
Degree Program
School
Publisher link
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
© 2024. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/
Item Access Status
Note
This publication has been entered in Griffith Research Online as an advance online version.
Access the data
Related item(s)
Subject
Economics
Persistent link to this record
Citation
Hajargasht, G, Divergence Between Parametric Income Distributions, Economics Letters, 2024, pp. 111543