Camel or dromedary? A study of the equilibrium distribution of income in the EU countries

Lisa Crosato, Camilla Ferretti, Piero Ganugi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

We face here the problem of analysing the presence of bimodality of the equilibrium distribution of incomes in the EU countries, using EU-SILC data about 2012-2015. As a first step we visually inspect the kernel distribution and calculate the Sarle’s bimodality coefficient. We evaluate also the relationship between bimodality and inequality. As a second step we propose to use some suitable stochastic models to analyse the shape (camel/dromedary) of the estimated the long-run income distribution. The chosen models are the classical Markov Chain and the Mover Stayer model.
Original languageEnglish
Title of host publicationBook of Short Paper SIS 2018
Pages1270-1275
Number of pages6
Volume2018
Publication statusPublished - 2018
Event49-th Scientific Meeting of the Italian Statistical Society - Palermo
Duration: 20 Jun 201822 Jun 2018

Conference

Conference49-th Scientific Meeting of the Italian Statistical Society
CityPalermo
Period20/6/1822/6/18

Keywords

  • bimodality
  • bipolarization
  • equilibrium
  • inequality
  • long-run income distribution

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