Highly Influential

Income distribution (except for very high incomes) is widely understood to be well described by a log-normal distribution. Existing research has modeled an individual’s income as an independent stochastic process to explain the observed log-normality. In this paper, I propose a stochastic model whereby an individual’s income is not independent, but instead… (More)

@inproceedings{Yoshiyuki2013IncomeDA,
title={Income Distribution among Individuals: The effects of economic interactions},
author={ARATA Yoshiyuki},
year={2013}
}