The Economic Mobility in Money Transfer
Physics and Society
2009-11-11 v2 General Finance
Abstract
In this paper, we investigate the economic mobility in some money transfer models which have been applied into the research on wealth distribution. We demonstrate the mobility by recording the time series of agents' ranks and observing their volatility. We also compare the mobility quantitatively by employing an index, "the per capita aggregate change in log-income", raised by economists. Like the shape of distribution, the character of mobility is also decided by the trading rule in these transfer models. It is worth noting that even though different models have the same type of distribution, their mobility characters may be quite different.
Cite
@article{arxiv.physics/0507158,
title = {The Economic Mobility in Money Transfer},
author = {Ning Ding and Ning Xi and Yougui Wang},
journal= {arXiv preprint arXiv:physics/0507158},
year = {2009}
}
Comments
17 pages, 4 figures, 2nd version