Income Distribution among Individuals: The effects of economic interactions

  • ARATA Yoshiyuki
  • Published 2013

Abstract

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)

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Cite this paper

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