Pareto distributions and related generalizations have historically been viewed as being
suitable for modelling income and wealth distributions. Following a brief review of the history …

A comprehensive account of economic size distributions around the world and throughout
the years In the course of the past 100 years, economists and applied statisticians have …

More than one hundred years after its introduction, Pareto's proposed model for fitting
income distributions continues to be heavily used. A variety of generalizations of this model …

Research background: In the distributive analysis, the constant relative inequality aversion
utility function is a standard tool for ethical judgements of income distributions. The sole …

Actuaries model insurance claim amounts using heavy tailed probability distributions. They
routinely need to evaluate quantities related to these distributions such as quantiles in the …

There are three reasons why estimation of parametric income distributions may be useful
when empirical data and estimators are available: to stabilize estimation; to gain insight into …

Research background: In applied welfare economics, the constant relative inequality
aversion function is routinely used as the model of a social decisionmaker's or a society's …

For the first time, a new generalization of generalized gamma distribution called the modified
generalized gamma distribution has been introduced to provide greater flexibility in …

Real income distribution comparisons are of interest to policy makers across European
countries. Nowadays, a crucial component of income inequality remains the discrepancy …

This is a book about money, but it will not help you very much in learning how to make
money. Rather, it will instruct you about the distribution of various kinds of income and their …