Wealth distribution in modern societies: collected data and a master equation approach

DOI10.1016/J.PHYSA.2021.126194MaRDI QIDQ2078628zbMATH OpenOpenAlexFDO

Authors István Gere, Szabolcs Kelemen, T. S. Biró, Zoltán Néda, Géza Tóth

Publication date 1 March 2022

Published in Physica A (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/2104.04134

zbMATH Keywords

master equationstationary distributionstransient dynamicsgrowth and reset process

Mathematics Subject Classification ID

Statistical mechanics, structure of matter (82-XX)

Cites work

• A generalized statistical model for the size distribution of wealth
• Effect of segregation on inequality in kinetic models of wealth exchange
• Gambler's ruin problem on Erdős-Rényi graphs
• Income and wealth distribution in a simple model of growth
• Possible generalization of Boltzmann-Gibbs statistics.
• Scaling in income inequalities and its dynamical origin
• Unidirectional random growth with resetting

Cited in

(3)

• Statistics of earthquakes based on the extended LGGR model
• Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States
• Wealth distribution and collective knowledge: a Boltzmann approach

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