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

DOI10.1016/J.PHYSA.2017.09.076MaRDI QIDQ2148622zbMATH OpenOpenAlexFDO

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

zbMATH Keywords

steady statelognormalquasi-stationaryinverse gammaBouchaud-Mézard

Mathematics Subject Classification ID

Statistical mechanics, structure of matter (82-XX)

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Cites work

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

Cited in

(1)

• Distribution of wealth in a network model of the economy

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