Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86827
Year of Publication: 
2008
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 08-095/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the empirical performance of our first order correction term using income data for 15 European countries and the US, and show that it reduces a considerable share of the bias due to grouping.
Subjects: 
Gini index
grouped data
measurement error
first-order correction
JEL: 
C19
D31
I30
Document Type: 
Working Paper

Files in This Item:
File
Size
494.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.