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Inequality and the GB2 income distribution

Working Paper 2007-73

Abstract

The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income distributions, thereby providing a full range of topsensitive and bottom-sensitive measures. An examination of British income inequality in 1994/95 and 2004/05 illustrates the analysis.

Authors: Stephen P. Jenkins.

Keywords: inequality, generalized entropy indices, generalized Beta of the second kind distribution, GB2 distribution, Singh-Maddala distribution, Dagum distribution
JEL: C16, C46, D31.