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Simultaneous Density Estimation of Several Income Distributions

Published online by Cambridge University Press:  18 October 2010

J.S. Marron  and
H.-P. Schmitz
J.S. Marron
Affiliation:
University of Bonn
H.-P. Schmitz
Affiliation:
University of Bonn
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Abstract

The size distributions of net income in Great Britain changed systematically in the 1970s. This can be shown by visual comparison of nonparametric density estimates. Typical bandwidth selection methods, such as least squares and biased cross-validation, tend to hinder comparison, because of too much variability across curves. Hence, a method for finding an appropriate pooled bandwidth is developed. It is seen that this method is much more reliable than single curve cross-validation.

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Type
Articles
Information
Econometric Theory , Volume 8 , Issue 4 , December 1992 , pp. 476 - 488
Copyright
Copyright © Cambridge University Press 1992

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References

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