Some Universal Patterns in Income Distribution: An Econophysics Approach
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Daniele Checchi & Cecilia García‐Peñalosa, 2010.
"Labour Market Institutions and the Personal Distribution of Income in the OECD,"
Economica, London School of Economics and Political Science, vol. 77(307), pages 413-450, July.
- Daniele Checchi & Cecilia Garcia-Peñalosa, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," CESifo Working Paper Series 1608, CESifo.
- Daniele Checchi & Cecilia Garcìa-Peñalosa, 2008. "Labour market institutions and the personal distribution of income in the OECD," Working Papers halshs-00341005, HAL.
- Checchi, Daniele & García-Peñalosa, Cecilia, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," IZA Discussion Papers 1681, Institute of Labor Economics (IZA).
- Daniele Checchi & Cecilia García Peñalosa, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," UNIMI - Research Papers in Economics, Business, and Statistics unimi-1009, Universitá degli Studi di Milano.
- Marc Fleurbaey & Philippe Mongin, 2005.
"The news of the death of welfare economics is greatly exaggerated,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(2), pages 381-418, December.
- Marc Fleurbaey & Philippe Mongin, 2004. "The News of the Death of Welfare Economics is Greatly Exaggerated," Working Papers hal-00242931, HAL.
- Marc Fleurbaey & Philippe Mongin, 2005. "The news of the death of welfare economics is greatly exaggerated," Post-Print hal-00246986, HAL.
- Derzsy, N. & Néda, Z. & Santos, M.A., 2012. "Income distribution patterns from a complete social security database," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(22), pages 5611-5619.
- Anand Banerjee & Victor M. Yakovenko, 2009. "Universal patterns of inequality," Papers 0912.4898, arXiv.org, revised Apr 2010.
- Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999.
"Inequality and Economic Growth: The Perspective of the New Growth Theories,"
Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1615-1660, December.
- Aghion, Philippe & Caroli, Eve & Garcia-Penalosa, Cecilia, 1999. "Inequality and economic growth: the perspective of the new growth theories," CEPREMAP Working Papers (Couverture Orange) 9908, CEPREMAP.
- Aghion, Philippe & Caroli, Eve & GarcÃa-Peñalosa, Cecilia, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Scholarly Articles 12502063, Harvard University Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory of Fairness, Competition, and Cooperation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics,, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated". "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Amartya Sen, 1976. "Real National Income," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(1), pages 19-39.
- Sreenivasan Subramanian, 2004. "Indicators of Inequality and Poverty," WIDER Working Paper Series RP2004-25, World Institute for Development Economic Research (UNU-WIDER).
- Sabina Alkire, James Foster, 2010.
"Designing the Inequality-Adjusted Human Development Index (HDI),"
OPHI Working Papers
37, Queen Elizabeth House, University of Oxford.
- Sabina Alkire & James Foster, 2010. "Designing the Inequality-Adjusted Human Development Index (IHDI)," Human Development Research Papers (2009 to present) HDRP-2010-28, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
- Duangkamon Chotikapanich & William Griffiths, 2005.
"Averaging Lorenz curves,"
The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 3(1), pages 1-19, April.
- Duangkamon Chotikapanich & William E. Griffiths, 2003. "Averaging Lorenz Curves," Monash Econometrics and Business Statistics Working Papers 22/03, Monash University, Department of Econometrics and Business Statistics.
- Carola Gruen & Stephan Klasen, 2008. "Growth, inequality, and welfare: comparisons across space and time," Oxford Economic Papers, Oxford University Press, vol. 60(2), pages 212-236, April.
- Dirk Engelmann & Martin Strobel, 2004.
"Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments,"
American Economic Review, American Economic Association, vol. 94(4), pages 857-869, September.
- Engelmann, Dirk & Strobel, Martin, 2002. "Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments," Research Memorandum 015, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Yong Tao & Xiangjun Wu & Tao Zhou & Weibo Yan & Yanyuxiang Huang & Han Yu & Benedict Mondal & Victor M. Yakovenko, 2019.
"Exponential structure of income inequality: evidence from 67 countries,"
Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(2), pages 345-376, June.
- Yong Tao & Xiangjun Wu & Tao Zhou & Weibo Yan & Yanyuxiang Huang & Han Yu & Benedict Mondal & Victor M. Yakovenko, 2016. "Exponential Structure of Income Inequality: Evidence from 67 Countries," Papers 1612.01624, arXiv.org, revised Dec 2017.
- repec:dau:papers:123456789/10091 is not listed on IDEAS
- repec:hal:pseose:halshs-00847231 is not listed on IDEAS
- Daniele Checchi & Cecilia García-Peñalosa, 2008.
"Labour market institutions and income inequality [‘Globalisation and the great U-turn: Income inequality trends in 16 OECD countries’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 23(56), pages 602-649.
- Cecilia García-Peñalosa & Daniele Checchi, 2008. "Labour Market Institutions and Income Inequality," LIS Working papers 470, LIS Cross-National Data Center in Luxembourg.
- Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
- James Foster & Luis Lopez-Calva & Miguel Szekely, 2005. "Measuring the Distribution of Human Development: methodology and an application to Mexico," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 6(1), pages 5-25.
- A. Drăgulescu & V.M. Yakovenko, 2001.
"Evidence for the exponential distribution of income in the USA,"
The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 20(4), pages 585-589, April.
- Adrian Dragulescu & Victor M. Yakovenko, 2000. "Evidence for the exponential distribution of income in the USA," Papers cond-mat/0008305, arXiv.org, revised Sep 2000.
- Federico Cingano, 2014. "Trends in Income Inequality and its Impact on Economic Growth," OECD Social, Employment and Migration Working Papers 163, OECD Publishing.
- Facundo Alvaredo & Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2013.
"The Top 1% in International and Historical Perspective,"
Post-Print
halshs-00847231, HAL.
- Facundo Alvaredo & Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2013. "The Top 1% in International and Historical Perspective," PSE-Ecole d'économie de Paris (Postprint) halshs-00847231, HAL.
- Oancea, Bogdan & Andrei, Tudorel & Pirjol, Dan, 2017. "Income inequality in Romania: The exponential-Pareto distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 469(C), pages 486-498.
- Adrian A. Dragulescu & Victor M. Yakovenko, 2002. "Statistical Mechanics of Money, Income, and Wealth: A Short Survey," Papers cond-mat/0211175, arXiv.org.
- Hoffman, Elizabeth & McCabe, Kevin A & Smith, Vernon L, 1996. "On Expectations and the Monetary Stakes in Ultimatum Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(3), pages 289-301.
- Brown, Malcolm C., 1994. "Using gini-style indices to evaluate the spatial patterns of health practitioners: Theoretical considerations and an application based on Alberta data," Social Science & Medicine, Elsevier, vol. 38(9), pages 1243-1256, May.
- N. Derzsy & Z. Neda & M. A. Santos, 2012. "Income distribution patterns from a complete social security database," Papers 1203.1880, arXiv.org.
- Facundo Alvaredo & Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2013.
"The Top 1 Percent in International and Historical Perspective,"
Journal of Economic Perspectives, American Economic Association, vol. 27(3), pages 3-20, Summer.
- Facundo Alvaredo & Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2013. "The Top 1 Percent in International and Historical Perspective," NBER Working Papers 19075, National Bureau of Economic Research, Inc.
- Anwar Shaikh, 2017. "Income Distribution, Econophysics and Piketty," Review of Political Economy, Taylor & Francis Journals, vol. 29(1), pages 18-29, January.
- Victor M. Yakovenko & J. Barkley Rosser, 2009. "Colloquium: Statistical mechanics of money, wealth, and income," Papers 0905.1518, arXiv.org, revised Dec 2009.
- A. Christian Silva & Victor M. Yakovenko, 2004. "Temporal evolution of the "thermal" and "superthermal" income classes in the USA during 1983-2001," Papers cond-mat/0406385, arXiv.org, revised Oct 2004.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Anwar Shaikh & Amr Ragab, 2023. "Some universal patterns in income distribution: An econophysics approach," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 248-264, February.
- Peter J. Lambert & Subbu Subramanian, 2015. "Shaikh and Ragab's `Incomes of the Vast Majority': Some additions and extensions," Working Papers 354, ECINEQ, Society for the Study of Economic Inequality.
- Alain Trannoy, 2015. "Inequality and welfare: Is Europe special?," Working Papers 384, ECINEQ, Society for the Study of Economic Inequality.
- Scott Lawrence & Qin Liu & Victor M. Yakovenko, 2013. "Global inequality in energy consumption from 1980 to 2010," Papers 1312.6443, arXiv.org, revised Mar 2014.
- Tao, Yong, 2021. "Boltzmann-like income distribution in low and middle income classes: Evidence from the United Kingdom," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 578(C).
- Støstad, Morten Nyborg & Cowell, Frank, 2024.
"Inequality as an externality: Consequences for tax design,"
Journal of Public Economics, Elsevier, vol. 235(C).
- Morten Nyborg Støstad & Frank Cowell, 2021. "Inequality as an Externality: Consequences for Tax Design," PSE Working Papers halshs-03495989, HAL.
- Støstad, Morten Nyborg & Cowell, Frank, 2024. "Inequality as an externality: consequences for tax design," LSE Research Online Documents on Economics 123752, London School of Economics and Political Science, LSE Library.
- Morten Nyborg Støstad & Frank Cowell, 2021. "Inequality as an Externality: Consequences for Tax Design," Working Papers halshs-03495989, HAL.
- Pallab Ghosh & Jae Lee, 2016. "Decomposition of Changes in Korean Wage Inequality, 1998–2007," Journal of Labor Research, Springer, vol. 37(1), pages 1-28, March.
- Istvan Gere & Szabolcs Kelemen & Geza Toth & Tamas Biro & Zoltan Neda, 2021. "Wealth distribution in modern societies: collected data and a master equation approach," Papers 2104.04134, arXiv.org.
- Yong Tao & Xiangjun Wu & Tao Zhou & Weibo Yan & Yanyuxiang Huang & Han Yu & Benedict Mondal & Victor M. Yakovenko, 2019.
"Exponential structure of income inequality: evidence from 67 countries,"
Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(2), pages 345-376, June.
- Yong Tao & Xiangjun Wu & Tao Zhou & Weibo Yan & Yanyuxiang Huang & Han Yu & Benedict Mondal & Victor M. Yakovenko, 2016. "Exponential Structure of Income Inequality: Evidence from 67 Countries," Papers 1612.01624, arXiv.org, revised Dec 2017.
- Hossein Sabzian & Alireza Aliahmadi & Adel Azar & Madjid Mirzaee, 2018. "Economic inequality and Islamic Charity: An exploratory agent-based modeling approach," Papers 1804.09284, arXiv.org.
- Gere, István & Kelemen, Szabolcs & Tóth, Géza & Biró, Tamás S. & Néda, Zoltán, 2021. "Wealth distribution in modern societies: Collected data and a master equation approach," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 581(C).
- Néda, Zoltán & Gere, István & Biró, Tamás S. & Tóth, Géza & Derzsy, Noemi, 2020. "Scaling in income inequalities and its dynamical origin," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 549(C).
- Daniele Checchi & Cecilia García‐Peñalosa, 2010.
"Labour Market Institutions and the Personal Distribution of Income in the OECD,"
Economica, London School of Economics and Political Science, vol. 77(307), pages 413-450, July.
- Daniele Checchi & Cecilia Garcia-Peñalosa, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," CESifo Working Paper Series 1608, CESifo.
- Daniele Checchi & Cecilia Garcìa-Peñalosa, 2008. "Labour market institutions and the personal distribution of income in the OECD," Working Papers halshs-00341005, HAL.
- Checchi, Daniele & García-Peñalosa, Cecilia, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," IZA Discussion Papers 1681, Institute of Labor Economics (IZA).
- Daniele Checchi & Cecilia García Peñalosa, 2005. "Labour Market Institutions and the Personal Distribution of Income in the OECD," UNIMI - Research Papers in Economics, Business, and Statistics unimi-1009, Universitá degli Studi di Milano.
- Gregor Semieniuk & Isabella M. Weber, 2019.
"Inequality in Energy Consumption : Statistical Equilibrium or a Question of Accounting Conventions?,"
UMASS Amherst Economics Working Papers
2019-18, University of Massachusetts Amherst, Department of Economics.
- Gregor Semieniuk & Isabella M. Weber, 2019. "Inequality in Energy Consumption: Statistical Equilibrium or a Question of Accounting Conventions?," Working Papers 228, Department of Economics, SOAS University of London, UK.
- Maurizio Franzini & Mario Pianta, 2015. "Four engines of inequality," LEM Papers Series 2015/20, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Alberto Russo, 2014.
"A Stochastic Model of Wealth Accumulation with Class Division,"
Metroeconomica, Wiley Blackwell, vol. 65(1), pages 1-35, February.
- Alberto RUSSO, 2012. "A Stochastic Model of Wealth Accumulation with Class Division," Working Papers 373, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Sudip Ranjan Basu, 2017.
"Do data show divergence? Revisiting global income inequality trends,"
Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 24(1), pages 23-53, June.
- Sudip Ranjan Basu, 2017. "Do data show divergence? Revisiting global income inequality trends," MPDD Working Paper Series WP/17/03, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
- Anwar Shaikh, Amr Ragab, 2007. "WP 2007-3 An International Comparison of the Incomes of the Vast Majority," SCEPA working paper series. 2007-3, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
- Shaikh, Anwar & Jacobo, Juan Esteban, 2020.
"Economic Arbitrage and the Econophysics of Income Inequality,"
Review of Behavioral Economics, now publishers, vol. 7(4), pages 299–315-2, December.
- Anwar Shaikh & Juan Esteban Jacobo, 2019. "Economic Arbitrage and the Econophysics of Income Inequality," Working Papers 1902, New School for Social Research, Department of Economics.
- Zoltan Neda & Istvan Gere & Tamas S. Biro & Geza Toth & Noemi Derzsy, 2019. "Scaling in Income Inequalities and its Dynamical Origin," Papers 1911.02449, arXiv.org, revised Mar 2020.
More about this item
Keywords
Income distribution; inequality; econophysics; economic indicators; world; international;All these keywords.
JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
- O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:new:wpaper:1808. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Setterfield (email available below). General contact details of provider: https://edirc.repec.org/data/denewus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.