Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States
From MaRDI portal
Publication:5947882
DOI10.1016/S0378-4371(01)00298-9zbMath0974.91519arXivcond-mat/0103544MaRDI QIDQ5947882
Adrian Drăgulescu, Victor M. Yakovenko
Publication date: 23 October 2001
Published in: Physica A (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/cond-mat/0103544
91B74: Economic models of real-world systems (e.g., electricity markets, etc.)
Related Items
An out-of-equilibrium model of the distributions of wealth, Unnamed Item, The Nonuniversality of Wealth Distribution Tails Near Wealth Condensation Criticality, The global remittance network: an inflow and outflow analysis, Instantons for rare events in heavy-tailed distributions, Effect of segregation on inequality in kinetic models of wealth exchange, On avalanche-like perturbations of relaxed power-law distributions: Richardson's law of warfare as a consequence of the relaxation to a Pareto-like distribution of wealth, Kinetic models of immediate exchange, Geometrothermodynamic approach in econophysics, On distribution-free goodness-of-fit testing of exponentiality, Non-extensive entropy econometrics: new statistical features of constant elasticity of substitution-related models, Statistical mechanics of economics I, Numerical simulation of entropy growth for a nonlinear evolutionary model of random markets, A statistical test of Walrasian equilibrium by means of complex networks theory, Exponential wealth distribution in a random market. A rigorous explanation, Measurement invariance, entropy, and probability, Basic kinetic wealth-exchange models: common features and open problems, \(\kappa \)-generalized statistics in personal income distribution, The Forbes 400, the Pareto power-law and efficient markets, A unified framework for the Pareto law and matthew effect using scale-free networks, Measuring social inequality with quantitative methodology: analytical estimates and empirical data analysis by Gini and \(k\) indices, Thermodynamics of inequalities: from precariousness to economic stratification, Evolution of the global inequality in greenhouse gases emissions using multidimensional generalized entropy measures, Socio-economic inequality: relationship between Gini and Kolkata indices, Between complexity of modelling and modelling of complexity: an essay on econophysics, Agent-based model of the effect of globalization on inequality and class mobility, Influence of money distribution on civil violence model, Money creation process in a random redistribution model, Transfer potentials shape and equilibrate monetary systems, Growth and fluctuations of personal income, The small-world of economy: a speculative proposal, A trade-investment model for distribution of wealth, Unhedgeable shocks and statistical economic equilibrium, Pseudo-exponential distribution and its statistical applications in econophysics, Thermodynamics of markets, Boltzmann-like income distribution in low and middle income classes: evidence from the United Kingdom, The personal wealth importance to the intertemporal choice, Economic thermodynamics, Earnings distributions of scalable vs. non-scalable occupations, The exponential Pareto model with hidden income processes: evidence from Chile, Oligarchy as a phase transition: the effect of wealth-attained advantage in a Fokker-Planck description of asset exchange, Measuring income inequality: a robust semi-parametric approach, Investigating equality: the Rényi spectrum, Average is over, Mobility and volatility: what is behind the rising income inequality in the United States, Pareto's 80/20 rule and the Gaussian distribution, Characterization of symmetric distributions based on some information measures properties of order statistics, `Bosons' and `fermions' in social and economic systems, A new \(\kappa\)-deformed parametric model for the size distribution of wealth, Scaling in income inequalities and its dynamical origin, Inequality, a scourge of the XXI century, Some kinetic models for a market economy, On steady distributions of kinetic models of conservative economies, The Inequality Process Versus the Saved Wealth Model: Which Is the More Likely to Imply an Analogue of Thermodynamics in Social Science?, Random Market Models with an H-Theorem, NONLIFE INSURANCE PRICING: STATISTICAL MECHANICS VIEWPOINT, A generalized statistical model for the size distribution of wealth, Exponential wealth distribution : a new approach from functional iteration theory
Cites Work
