Fréchet distribution applied to salary incomes in Spain from 1999 to 2014. An engineering approach to changes in salaries distribution

Pindado Carrion, Santiago and Pindado Carrion, Carlos and Cubas Cano, Javier (2017). Fréchet distribution applied to salary incomes in Spain from 1999 to 2014. An engineering approach to changes in salaries distribution. "Economies", v. 52 (n. 2); ISSN 2227-7099. https://doi.org/10.3390/economies5020014.

Description

Title: Fréchet distribution applied to salary incomes in Spain from 1999 to 2014. An engineering approach to changes in salaries distribution
Author/s:
  • Pindado Carrion, Santiago
  • Pindado Carrion, Carlos
  • Cubas Cano, Javier
Item Type: Article
Título de Revista/Publicación: Economies
Date: 1 May 2017
Volume: 52
Subjects:
Freetext Keywords: Spanish economy; salary distribution; parametric modelling; Fréchet distribution; minimum wage
Faculty: Instituto de Microgravedad Ignacio Da Riva (UPM)
Department: Sistemas Aeroespaciales, Transporte Aéreo y Aeropuertos
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when compared to other distributions (Log-Normal, Gamma, Dagum, GB2). Analysis of the data through the fitted Fréchet distributions reveals a tendency towards more balanced (i.e., less skewed) salary distributions from 2002 to 2014 in Spain

More information

Item ID: 45789
DC Identifier: http://oa.upm.es/45789/
OAI Identifier: oai:oa.upm.es:45789
DOI: 10.3390/economies5020014
Official URL: http://www.mdpi.com/2227-7099/5/2/14
Deposited by: Biblioteca ETSI Aeronauticos
Deposited on: 10 May 2017 06:59
Last Modified: 10 May 2017 06:59
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