On absence of steady state in the Bouchaud-Mézard network model

DOI10.1016/J.PHYSA.2017.09.076OpenAlexW2607171696MaRDI QIDQ2148622FDOQ2148622

Authors: Zhiyuan Liu, R. A. Serota 

Publication date: 24 June 2022

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

Full work available at URL: https://arxiv.org/abs/1704.02377

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zbMATH Keywords

steady statelognormalquasi-stationaryinverse gammaBouchaud-Mézard

Mathematics Subject Classification ID

Statistical mechanics, structure of matter (82-XX)

Cites Work

• Corrections to the central limit theorem for heavy-tailed probability densities
• The dynamics of inequality
• Distribution of wealth in a network model of the economy
• Correlation and relaxation times for a stochastic process with a fat-tailed steady-state distribution
• On growth-optimal tax rates and the issue of wealth inequalities

Cited In (1)

• Distribution of wealth in a network model of the economy

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