Some universal patterns in income distribution: An econophysics approach
Some universal patterns in income distribution: An econophysics approach
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Publisher
Oxford: Blackwell Publishing Ltd
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Language
English
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Oxford: Blackwell Publishing Ltd
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The econophysics “two‐class” approach yields a novel theoretical and empirically robust relation: The per capita income y‾(x) $\overline{y}(x)$ of any bottom fraction (x) of the population equals a(x)∙(1−G) y‾ $\overline{y}$, where a(x) is a coupling coefficient, G the Gini, and y‾ $\overline{y}$ is national per capita income. For the bottom 70%, a...
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Full title
Some universal patterns in income distribution: An econophysics approach
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TN_cdi_proquest_journals_2759885648
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2759885648
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ISSN
0026-1386
E-ISSN
1467-999X
DOI
10.1111/meca.12412
