shrinkOut: Shrink outliers in the Pareto model

In laeken: Estimation of Indicators on Social Exclusion and Poverty

Shrink outliers in the Pareto model

Description

Shrink observations that are flagged as outliers in a Pareto model for the upper tail of the distribution to the theoretical quantile used for outlier detection.

Usage

shrinkOut(x, ...)

## S3 method for class 'paretoTail'
shrinkOut(x, ...)

Arguments

x	an object of class "paretoTail" (see paretoTail).
...	additional arguments to be passed down (currently ignored as there are no additional arguments in the only method implemented).

Value

A numeric vector consisting mostly of the original values, but with outlying observations in the upper tail shrunken to the corresponding theoretical quantile of the fitted Pareto distribution.

Author(s)

Andreas Alfons

References

A. Alfons and M. Templ (2013) Estimation of Social Exclusion Indicators from Complex Surveys: The R Package laeken. Journal of Statistical Software, 54(15), 1–25. \Sexpr[results=rd]{tools:::Rd_expr_doi("10.18637/jss.v054.i15")}

See Also

paretoTail, reweightOut, replaceOut, replaceTail

Examples

data(eusilc)

## gini coefficient without Pareto tail modeling
gini("eqIncome", weights = "rb050", data = eusilc)

## gini coefficient with Pareto tail modeling
# estimate threshold
ts <- paretoScale(eusilc$eqIncome, w = eusilc$db090,
    groups = eusilc$db030)
# estimate shape parameter
fit <- paretoTail(eusilc$eqIncome, k = ts$k,
    w = eusilc$db090, groups = eusilc$db030)
# shrink outliers
eqIncome <- shrinkOut(fit)
gini(eqIncome, weights = eusilc$rb050)

laeken documentation built on May 29, 2024, 4:42 a.m.