The Pareto law of incomes - an explanation and an extension

DOI10.1016/S0378-4371(02)01507-8zbMath1008.91090MaRDI QIDQ1855540

William J. Reed

Publication date: 5 February 2003

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0378-4371(02)01507-8

zbMATH Keywords

stochastic income-distribution model; tractable four-parameter distribution

Mathematics Subject Classification ID

91B70: Stochastic models in economics

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Cites Work

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• The generalised beta as a model for the distribution of earnings
• Some Generalized Functions for the Size Distribution of Income
• Income Distributions: A New Model
• The Pareto-Levy Law and the Distribution of Income
• Power laws of wealth, market order volumes and market returns