Hi Hoang,
I am glad you are finding it helpful. For a binary variable, the bounds for the index are -(1-μ ) and (1-μ ) since W = CI / (1-μ ).
For a non-binary bounded variable, bounded between a and b: W = (μ(b − a) / [(b − μ)(μ − a)]) CI
and W is bounded between - μ(b − a) / [(b − μ)(μ − a)] and μ(b − a) / [(b − μ)(μ − a)]
Suppose the variable H was bounded between 1 and 3 and the ranking variable was income we would write:
conindex H, rankvar(Income) limits(1 3) bounded wagstaff
At the risk of self-promotion, our paper https://www.stata-journal.com/articl...article=st0427 discusses the various indices and what sort of inequality they measure. Feel free to email me directly at [email protected] if you have further questions.
Regards,
Stephen
I am glad you are finding it helpful. For a binary variable, the bounds for the index are -(1-μ ) and (1-μ ) since W = CI / (1-μ ).
For a non-binary bounded variable, bounded between a and b: W = (μ(b − a) / [(b − μ)(μ − a)]) CI
and W is bounded between - μ(b − a) / [(b − μ)(μ − a)] and μ(b − a) / [(b − μ)(μ − a)]
Suppose the variable H was bounded between 1 and 3 and the ranking variable was income we would write:
conindex H, rankvar(Income) limits(1 3) bounded wagstaff
At the risk of self-promotion, our paper https://www.stata-journal.com/articl...article=st0427 discusses the various indices and what sort of inequality they measure. Feel free to email me directly at [email protected] if you have further questions.
Regards,
Stephen
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