Three models for word frequency distributions, the lognormal law, the generalized inverse Gauss-Poisson law and the extended generalized Zipf's law are compared and evaluated with respect to goodness of fit and rationale. Application of these models to frequency distributions of a text, a corpus and morphological data reveals that no model can lay claim to exclusive validity, while inspection of the extrapolated theoretical vocabulary sizes raises doubts as to whether the urn scheme with independent trials is the correct underlying model for word frequency data. The role of morphology in shaping word frequency distributions is discussed, as well as parallelisms between vocabulary richness in literary studies and morphological productivity in linguistics.