This paper is concerned with the use of the concentration index in measuring the dependence of a continuous variate on an ordinal variable. This approach seems to be particularly suitable in economic analysis, where Gini index is widely used as a measure of variability. After a simulation exercise, an empirical application on family budget data is performed.
Ordinal variables in economic analysis / L. GRASSINI. - ELETTRONICO. - (2004), pp. 1095-1099. (Intervento presentato al convegno Compstat 2004 tenutosi a Prague).
Ordinal variables in economic analysis
GRASSINI, LAURA
2004
Abstract
This paper is concerned with the use of the concentration index in measuring the dependence of a continuous variate on an ordinal variable. This approach seems to be particularly suitable in economic analysis, where Gini index is widely used as a measure of variability. After a simulation exercise, an empirical application on family budget data is performed.
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