Kleiber, Christian. (2013) On moment indeterminacy of the Benini income distribution. WWZ Discussion Papers, 2013 (08). Basel.
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Official URL: http://edoc.unibas.ch/dok/A6135364
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Abstract
The Benini distribution is a lognormal-like distribution generalizing the Pareto distribution. Like the Pareto and the lognormal distributions it was originally proposed for modeling economic size distributions, notably the size distribution of personal income. This paper explores a probabilistic property of the Benini distribution, showing that it is not determined by the sequence of its moments although all the moments are finite. It also provides explicit examples of distributions possessing the same set of moments. Related distributions are briefly explored.
Faculties and Departments: | 06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Ökonometrie und Statistik (Kleiber) 12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers |
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UniBasel Contributors: | Kleiber, Christian |
Item Type: | Working Paper |
Publisher: | WWZ |
Note: | -- Publication type according to Uni Basel Research Database: Discussion paper / Internet publication |
Language: | English |
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Last Modified: | 13 Mar 2018 15:05 |
Deposited On: | 16 Aug 2013 07:31 |
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