2016
DOI: 10.7202/1036917ar
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Log-Transform Kernel Density Estimation of Income Distribution

Abstract: Standard kernel density estimation methods are very often used in practice to estimate density functions. It works well in numerous cases. However, it is known not to work so well with skewed, multimodal and heavy-tailed distributions. Such features are usual with income distributions, defined over the positive support. In this paper, we show that a preliminary logarithmic transformation of the data, combined with standard kernel density estimation methods, can provide a much better fit of the density estimati… Show more

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Cited by 23 publications
(14 citation statements)
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“…All reported confidence intervals are computed using a non-parametric bootstrap [125] with 10,000 samples. The density curves shown in Fig 2B were computed using a method for logspace density estimation [126] with a Normal kernel, where kernel bandwidths were determined by the Silverman rule [127]. Fig 2C. The percent-streaming (y-axis) is computed for a total of N = 1000 simulation runs of each model (columns) across the three stimuli (colors and line styles) over the first 10 seconds (x-axis).…”
Section: Statistical Analysesmentioning
confidence: 99%
“…All reported confidence intervals are computed using a non-parametric bootstrap [125] with 10,000 samples. The density curves shown in Fig 2B were computed using a method for logspace density estimation [126] with a Normal kernel, where kernel bandwidths were determined by the Silverman rule [127]. Fig 2C. The percent-streaming (y-axis) is computed for a total of N = 1000 simulation runs of each model (columns) across the three stimuli (colors and line styles) over the first 10 seconds (x-axis).…”
Section: Statistical Analysesmentioning
confidence: 99%
“…All reported confidence intervals are computed using a non-parametric bootstrap [110] with 10,000 samples. The density curves shown in Fig 2B were computed using a method for log-space density estimation [111] with a Normal kernel, where kernel bandwidths were determined by the Silverman rule [112].…”
Section: Statistical Analysesmentioning
confidence: 99%
“…It should be noted that the kernel estimation based on transformed data were proposed in several studies. Examples of kernel density based on transformation can be found in [15]- [17].…”
Section: Methodsmentioning
confidence: 99%