A goodness of fit test for the Pareto distribution

2018/06/15 by Emanuele Taufer, Flavio Santi, Taufer, Emanuele +5
Decision Sciences · Economics, Econometrics and Finance · Environmental Science · #FOS: Computer and information sciences #Financial Risk and Volatility Modeling #Hydrology and Drought Analysis #Methodology (stat.ME) #Probabilistic and Robust Engineering Design

paper · pdf · doi:10.48550/arxiv.1806.05951

openalex publication_date 2018/06/15 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

The Zenga (1984) inequality curve is constant in p for Type I Pareto distributions. This characterizing behavior will be exploited to obtain graphical and analytical tools for tail analysis and goodness of fit tests. A testing procedure for Pareto-type behavior based on a regression of technique will be introduced.

Citations

• Goodness-of-fit tests for multivariate stable distributions based on the empirical characteristic function

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