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Related papers: Linking Economic Complexity, Institutions and Inco…

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Social inequality is traditionally measured by the Gini-index ($g$). The $g$-index takes values from $0$ to $1$ where $g=0$ represents complete equality and $g=1$ represents complete inequality. Most of the estimates of the income or wealth…

Physics and Society · Physics 2014-05-27 Asim Ghosh , Nachiketa Chattopadhyay , Bikas K. Chakrabarti

The structure of the International Trade Network (ITN), whose nodes and links represent world countries and their trade relations respectively, affects key economic processes worldwide, including globalization, economic integration,…

Physics and Society · Physics 2024-09-21 Assaf Almog , Rhys Bird , Diego Garlaschelli

This systematic review with narrative synthesis examines the social impacts of International Monetary Fund (IMF) programs. We systematically searched five academic databases and grey literature following PRISMA guidelines and included 53…

General Economics · Economics 2025-11-13 Ricardo Alonzo Fernández Salguero

The combination of the network theoretic approach with recently available abundant economic data leads to the development of novel analytic and computational tools for modelling and forecasting key economic indicators. The main idea is to…

General Finance · Quantitative Finance 2014-03-05 Andreas Joseph , Irena Vodenska , Eugene Stanley , Guanrong Chen

Cities create potential for individuals from different backgrounds to interact with one another. It is often the case, however, that urban infrastructure obfuscates this potential, creating dense pockets of affluence and poverty throughout…

Physics and Society · Physics 2023-04-21 Nandini Iyer , Ronaldo Menezes , Hugo Barbosa

The Gini coefficient is an universally used measurement of income inequality. Intersectoral GDP contributions reveal the economic development of different sectors of the national economy. Linking intersectoral GDP contributions to Gini…

Methodology · Statistics 2024-05-14 Jingcheng Meng , Yimeng Ren , Xuening Zhu , Guanyu Hu

We analyze export data aggregated at world global level of 219 classes of products over a period of 39 years. Our main goal is to set up a dynamical model to identify and quantify plausible mechanisms by which the evolutions of the various…

Economics · Quantitative Finance 2016-09-20 Michele Caraglio , Fulvio Baldovin , Attilio L. Stella

Economic choices are often stochastic: the same person may make a different choice when facing the same alternatives repeatedly. Standard models assume that the degree of randomness reflects the size of utility differences, but choice…

Theoretical Economics · Economics 2026-05-05 Shuhua Si

Product diversity, which is highly important in economic systems, has been highlighted by recent studies on international trade. We found an empirical pattern, designated as the "S-shaped curve", that models the relationship between…

Physics and Society · Physics 2015-06-15 Hongmei Lei , Jiang Zhang

We study the topological properties of the multinetwork of commodity-specific trade relations among world countries over the 1992-2003 period, comparing them with those of the aggregate-trade network, known in the literature as the…

General Finance · Quantitative Finance 2010-06-22 Matteo Barigozzi , Giorgio Fagiolo , Diego Garlaschelli

The current work discusses how complex networks can be applied in order to aid economical development and stability at several scales and contexts. The following activities are involved: (a) compilation of several types of data related to…

Physics and Society · Physics 2007-05-23 Luciano da Fontoura Costa

Policy makers and managers sometimes assess the share of research produced by a group (country, department, institution). This takes the form of the percentage of publications in a journal, field or broad area that has been published by the…

Digital Libraries · Computer Science 2017-11-27 Mike Thelwall , Ruth Fairclough

We investigate the effect of tax evasion on the income distribution and the inequality index of a society through a kinetic model described by a set of nonlinear ordinary differential equations. The model allows to compute the global…

General Finance · Quantitative Finance 2014-08-25 Maria Letizia Bertotti , Giovanni Modanese

While the use of spatial agent-based and individual-based models has flourished across many scientific disciplines, the complexities these models generate are often difficult to manage and quantify. This research reduces population-driven,…

Physics and Society · Physics 2021-08-24 John C. Stevenson

Relatedness is a quantification of how much two human activities are similar in terms of the inputs and contexts needed for their development. Under the idea that it is easier to move between related activities than towards unrelated ones,…

Physics and Society · Physics 2021-03-11 Andrea Tacchella , Andrea Zaccaria , Marco Miccheli , Luciano Pietronero

In recent years economic complexity has grown into an active field of fundamental and applied research. Yet, despite important advances, the policy implications of economic complexity remain unclear or misunderstood. Here I organize the…

General Economics · Economics 2023-08-08 César A. Hidalgo

In the pursuit of ever increasing efficiency and growth, our economies have evolved to remarkable degrees of complexity, with nested production processes feeding each other in order to create products of greater sophistication from less…

Economics · Quantitative Finance 2017-04-05 Marco Bardoscia , Giacomo Livan , Matteo Marsili

In this paper, inspired by the work of Megiddo on the formation of preferences and strategic analysis, we consider an early market model studied in the field of economic theory, in which each trader's utility may be influenced by the…

Computer Science and Game Theory · Computer Science 2010-09-03 Xi Chen , Shang-Hua Teng

Over the last decades, the distribution of income and wealth has been deteriorating in many countries, leading to increased inequalities within and between societies. This tendency has revived the interest in the subject greatly, yet it…

General Finance · Quantitative Finance 2017-09-22 F. Clementi , M. Gallegati

The underlying idea behind the construction of indices of economic inequality is based on measuring deviations of various portions of low incomes from certain references or benchmarks, that could be point measures like population mean or…

Methodology · Statistics 2015-08-04 Francesca Greselin , Ricardas Zitikis