Email this article The application of beta and gamma distributions to under-reported income values
Abstract
The paper "The application of Beta and Gamma Distributions to Under-reported Income Values"
considers two functional forms for the distribution of incomes —the Gamma and the Beta density
functions. A model of under-reported income values is applied to each functional form assuming only
one-sided errors. The parameters of the distribution governing the true values are identified on the basis
of a sample on the observed values. So far as the dispersion of true incomes is concerned, some conclusions
seem to be substantiated by empirical results obtained elsewhere.
considers two functional forms for the distribution of incomes —the Gamma and the Beta density
functions. A model of under-reported income values is applied to each functional form assuming only
one-sided errors. The parameters of the distribution governing the true values are identified on the basis
of a sample on the observed values. So far as the dispersion of true incomes is concerned, some conclusions
seem to be substantiated by empirical results obtained elsewhere.
Keywords
Management techniques; Distribution of income
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