Asymptotic analysis of the model for distribution of high-tax payers

DOI10.1007/BF03167533MaRDI QIDQ2467046zbMATH OpenOpenAlexFDO

Authors Hiroshi Yamamoto, Toshiya Ohtsuki, Akihiro Fujihara, Satoshi Tanimoto, Keizo Yamamoto, Sasuke Miyazima

Publication date 18 January 2008

Published in Japan Journal of Industrial and Applied Mathematics (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/cond-mat/0510693

zbMATH Keywords

asymptotic analysishigh income modelpower-law distribution

Mathematics Subject Classification ID

Asymptotic distribution theory in statistics (62E20) Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82)

Abstract: The z-transform technique is used to investigate the model for distribution of high-tax payers, which is proposed by two of the authors (K. Y and S. M) and others. Our analysis shows an asymptotic power-law of this model with the exponent -5/2 when a total ``mass has a certain critical value. Below the critical value, the system exhibits an ordinary critical behavior, and scaling relations hold. Above the threshold, numerical simulations show that a power-law distribution coexists with a huge ``monopolized member. It is argued that these behaviors are observed universally in conserved aggregation processes, by analizing an extended model.

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Cites work

• A model for distribution of high-tax payers
• A model for distribution of high-tax payers.
• scientific article; zbMATH DE number 1194099 (Why is no real title available?)
• The effect of different competition rules on the power-law exponent of high income distributions

Cited in

(2)

• A model for distribution of high-tax payers
• Non-equilibrium phase transition and cluster size distribution in aggregation and weighted-fragmentation processes

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