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Measuring Trends in U.S. Income Inequality - Theory and Applications (Paperback, 1998 ed.)
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Measuring Trends in U.S. Income Inequality - Theory and Applications (Paperback, 1998 ed.)
Series: Lecture Notes in Economics and Mathematical Systems, 459
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This book is the culmination of roughly seven years of joint
research be tween us. We have both been interested in income
inequality measurement for a considerably longer period of time.
One author (Ryu) has a back ground in physics. While he was working
on his Ph. D. in Physics at M. I. T. he became acquainted with
Robert Solow. Professor Solow introduced Ryu to economics. After
finishing his Ph. D. in physics, Ryu went on to the Uni versity of
Chicago where Arnold Zellner guided him to a dissertation on using
orthonormal basis and maximum entropy as estimation methods in
econometric applications. The precise definition and examples of
orthonormal basis (ONB) and maximum entropy (ME) methods will be
given in the book. As it turns out, a natural application of these
methods is the study of income distribution. Professor Zellner
suggested that Ryu look at some of my joint work with Robert
Basmann on functional forms of Lorenz curves as one starting place
to do his own research. Ryu requested some of our data and asked
for several of our papers with the express pur pose of introducing
functional forms of Lorenz curves that Ryu felt would do a better
job of approximating the empirical Lorenz curve. Thus, our first
introduction was essentially one of Ryu trying to invent a better
mousetrap. The interested reader can review the results given in
Basmann et al. (1990) and Chapter Four of this book to see if Ryu
succeeded."
General
Imprint: |
Springer-Verlag
|
Country of origin: |
Germany |
Series: |
Lecture Notes in Economics and Mathematical Systems, 459 |
Release date: |
2001 |
First published: |
1998 |
Authors: |
Hang K. Ryu
• Daniel J. Slottje
|
Dimensions: |
235 x 155 x 11mm (L x W x T) |
Format: |
Paperback
|
Pages: |
196 |
Edition: |
1998 ed. |
ISBN-13: |
978-3-540-64229-9 |
Categories: |
Books >
Business & Economics >
Economics >
Labour economics >
General
|
LSN: |
3-540-64229-3 |
Barcode: |
9783540642299 |
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