On moment indeterminacy of the Benini income distribution

DOI10.1007/S00362-013-0535-9MaRDI QIDQ379932zbMATH OpenOpenAlexFDO

Authors Christian Kleiber

Publication date 11 November 2013

Published in Statistical Papers (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1306.0364

zbMATH Keywords

characterization of distributionsincome distributionmoment problemstatistical distributionsBenini distributionStieltjes class

Mathematics Subject Classification ID

Probability distributions: general theory (60E05) Characterization and structure theory of statistical distributions (62E10) Moment problems (44A60)

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.

Recommendations

• scientific article; zbMATH DE number 5213315
• The stochastic interpretation of the Dagum personal income distribution: a tale
• Random pointwise income distribution and estimation of the poverty index
• On inferring income inequality measures using L-moments
• On the capacity of the Gini index to represent income distributions
• Boltzmann-like income distribution in low and middle income classes: evidence from the United Kingdom
• A bottom poor sensitive Gini coefficient and maximum entropy estimation of income distributions
• scientific article; zbMATH DE number 1067026
• Gini decomposition and Gini income elasticity under income variability
• scientific article; zbMATH DE number 9963

Cites work

• scientific article; zbMATH DE number 3186324 (Why is no real title available?)
• scientific article; zbMATH DE number 3062535 (Why is no real title available?)
• scientific article; zbMATH DE number 3063306 (Why is no real title available?)
• Counterexamples in probability.
• Density questions in the classical theory of moments
• Krein condition in probabilistic moment problems
• Method for constructing Stieltjes classes for M-indeterminate probability distributions
• NIST handbook of mathematical functions
• Remarks on converse Carleman and Krein criteria for the classical moment problem
• Statistical Size Distributions in Economics and Actuarial Sciences
• Stieltjes classes for moment-indeterminate probability distributions
• Table of integrals, series, and products. Translated from the Russian. Translation edited and with a preface by Alan Jeffrey and Daniel Zwillinger. With one CD-ROM (Windows, Macintosh and UNIX)

Cited in

(2)

• Recent developments on the moment problem
• scientific article; zbMATH DE number 5213315 (Why is no real title available?)

Describes a project that uses

Uses Software

• Mathematica
• DLMF

This page was built for publication: On moment indeterminacy of the Benini income distribution

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q379932)