Ontology highlight
ABSTRACT:
SUBMITTER: Shao LF
PROVIDER: S-EPMC9231794 | biostudies-literature | 2022
REPOSITORIES: biostudies-literature
PloS one 20220624 6
This paper discusses the first moment, i.e., the mean income point, of income density functions and the estimation of single-parametric Lorenz curves. The mean income point is implied by an income density function and associated with a single-parametric Lorenz function. The boundary of the mean income point can show the flexibility of a parametric Lorenz function. I minimize the sum of squared errors in fitting both grouped income data and the mean income point and identify the best parametric L ...[more]