Ja n 20 08 The κ-generalized distribution : A new descriptive model for the size distribution of incomes

@inproceedings{Clementi2008JaN2,
  title={Ja n 20 08 The κ-generalized distribution : A new descriptive model for the size distribution of incomes},
  author={Fabio Clementi and Tiziana di Matteo and Mauro Gallegati and Giorgio Kaniadakis},
  year={2008}
}
This paper proposes the κ-generalized distribution as a model for describing the distribution and dispersion of income within a population. Formulas for the shape, moments and standard tools for inequality measurement—such as the Lorenz curve and the Gini coefficient—are given. A method for parameter estimation is also discussed. The model is shown to fit extremely well the data on personal income distribution in Australia and the United States. 
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