Power Law Distributions in Korean Household Incomes
Statistical Mechanics
2008-12-02 v1 General Finance
Abstract
We investigate the distribution function and the cumulative probability for Korean household incomes, i.e., the current, labor, and property incomes. For our case, the distribution functions are consistent with a power law. It is also showed that the probability density of income growth rates almost has the form of a exponential function. Our obtained results are compared with those of other numerical calculations.
Keywords
Cite
@article{arxiv.cond-mat/0403161,
title = {Power Law Distributions in Korean Household Incomes},
author = {Kyungsik Kim and Seong-Min Yoon},
journal= {arXiv preprint arXiv:cond-mat/0403161},
year = {2008}
}
Comments
12 pages, 7 figures