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

DOI10.1016/J.PHYSA.2021.126194OpenAlexW3155071265MaRDI QIDQ2078628FDOQ2078628

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

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