19,210 research outputs found

    Estimating Lorenz Curves Using a Dirichlet Distribution.

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    The Lorenz curve relates the cumulative proportion of income to the cumulative proportion of population. When a particular functional form of the Lorenz curve is specified it is typically estimated by linear or nonlinear least squares, estimation techniques that have good properties when the error terms are independently and normally distributed. Observations on cumulative proportions are clearly neither independent nor normally distributed. This paper proposes and applies a new methodology that recognises the cumulative proportional nature of the Lorenz curve data by assuming that the income proportions are distributed as a Dirichlet distribution. Five Lorenz-curve specifications are used to demonstrate the technique. Maximum likelihood estimates under the Dirichlet distribution assumption provide better-fitting Lorenz curves than nonlinear least squares and another estimation technique that has appeared in the literature.Gini coefficient; maximum likelihood estimation

    On Calculation of the Extended Gini Coefficient.

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    The conventional formula for estimating the extended Gini coefficient is a covariance formula provided by Lerman and Yitzhaki (1989). We suggest an alternative estimator obtained by approximating the Lorenz curve by a series of linear segments. In a Monte Carlo experiment designed to assess the relative bias and efficiency of the two estimators, we find that, when using grouped data with 20 or less groups, our new estimator has less bias and lower mean squared error than the covariance estimator. When individual observations are used, or the number of groups is 30 or more, there is little or no difference in the performance of the two estimators.ESTIMATORS ; COEFFICIENTS ; EFFICIENCY

    The Middlesex University 'Africa Group' Showcase

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    The aim of the Africa Group is to explore commonalities of interests in Africa across the university and encourage inter-disciplinary discourse and activity in order to further enhance projects being undertaken, and to develop new joint research-focused or research-informed projects. It will focus on what can be learned from Africa, rather than what Africa can learn from us - knowledge sharing rather than knowledge transf

    Fuel from waste unConference: welcome and introduction

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    Welcome, philosophy and approach to activity for the 2011 Fuel from Waste unConference

    An electrolytic process for ultra fine beryllium

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    Studies were made on the electrolysis of a molten BeCl2-NaCl bath using a mercury cathode and beryllium anode. A quasi-amalgam was obtained. The beryllium was consolidated by direct hot pressing of the amalgam at temperatures in the range of 800 C and using pressures of 5,000, 10,000 and 20,000 psi. The work confirms the ability to produce ultrafine beryllium particles by electrolysis
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