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Related papers: A generative model for age and income distribution

200 papers

Existing theories for the evolution of aging and death treat senescence as a side-effect of strong selection for fertility. These theories are well-developed mathematically, but fit poorly with emerging experimental data. The data suggest…

Populations and Evolution · Quantitative Biology 2007-05-23 Josh Mitteldorf

We present a stochastic agent-based model for the distribution of personal incomes in a developing economy. We start with the assumption that incomes are determined both by individual labour and by stochastic effects of trading and…

General Finance · Quantitative Finance 2010-09-23 Amit K Chattopadhyay , Graeme J Ackland , Sushanta K Mallick

We investigate the wealth evolution in a system of agents that exchange wealth through a disordered network in presence of an additive stochastic Gaussian noise. We show that the resulting wealth distribution is shaped by the degree…

Statistical Mechanics · Physics 2008-12-02 T. Di Matteo , T. Aste , S. T. Hyde

In this article, we discuss a dynamical stochastic model that represents the time evolution of income distribution of a population, where the dynamics develop from an interplay of multiple economic exchanges in the presence of…

Economics · Quantitative Finance 2017-02-28 Maria Letizia Bertotti , Amit K Chattopadhyay , Giovanni Modanese

A dynamic model of the social relations between workers and capitalists is introduced. The model is deduced from the assumption that the law of value is an organising principle of modern economies. The model self-organises into a dynamic…

Condensed Matter · Physics 2011-03-24 Ian Wright

The gradual accumulation of damage and dysregulation during the aging of living organisms can be quantified. Even so, the aging process is complex and has multiple interacting physiological scales -- from the molecular to cellular to whole…

Quantitative Methods · Quantitative Biology 2021-05-06 Spencer Farrell , Garrett Stubbings , Kenneth Rockwood , Arnold Mitnitski , Andrew Rutenberg

Data for many nations show a long-run increase, over many decades, of income, indexed by GDP per capita, and population health, indexed by mortality or life expectancy at birth (LEB). However, the short-run and long-run relationships…

General Economics · Economics 2025-06-24 José A. Tapia Granados , Edward L. Ionides

Estimating income distributions plays an important role in the measurement of inequality and poverty over space. The existing literature on income distributions predominantly focuses on estimating an income distribution for a country or a…

Methodology · Statistics 2019-07-04 Shonosuke Sugasawa , Genya Kobayashi , Yuki Kawakubo

We define a model for the joint distribution of multiple continuous latent variables which includes a model for how their correlations depend on explanatory variables. This is motivated by and applied to social scientific research questions…

Methodology · Statistics 2022-10-27 Siliang Zhang , Jouni Kuha , Fiona Steele

Although species longevity is subject to a diverse range of selective forces, the mortality curves of a wide variety of organisms are rather similar. We argue that aging and its universal characteristics may have evolved by means of a…

Populations and Evolution · Quantitative Biology 2013-02-01 Dervis Can Vural , Greg Morrison , L. Mahadevan

Income segregation measures the extent to which households choose to live near other households with similar incomes. Sociologists theorize that income segregation can exacerbate the impacts of income inequality, and have developed indices…

Methodology · Statistics 2021-11-24 Matthew Simpson , Scott H. Holan , Christopher K. Wikle , Jonathan R. Bradley

We present a new model for the diffusion of innovation. Here, the population is segmented into distinct groups. Adoption by a particular group of some cultural product may be inhibited both by large numbers of its own members already having…

Physics and Society · Physics 2018-02-27 Anirban Chakraborti , Syed S. Husain , Joseph Whitmeyer

Social dynamics is concerned primarily with interactions among individuals and the resulting group behaviors, modeling the temporal evolution of social systems via the interactions of individuals within these systems. In particular, the…

Machine Learning · Statistics 2016-11-08 Zhen Xu , Wen Dong , Sargur Srihari

Multifractality is one of the patterns observed in spatial distributions of populations. In this study, we performed multifractal analysis for populations by age group in the capital area of Japan. Each population group generally exhibited…

Physics and Society · Physics 2020-05-11 Mariko I. Ito , Takaaki Ohnishi

Recently, in order to explore the mechanism behind wealth or income distribution, several models have been proposed by applying principles of statistical mechanics. These models share some characteristics, such as consisting of a group of…

Physics and Society · Physics 2008-12-02 Yougui Wang , Ning Ding , Ning Xi

This paper presents a model of the dynamics of the wage income distribution.

General Finance · Quantitative Finance 2015-05-13 John Angle

There has been growing interest on forecasting mortality. In this article, we propose a novel dynamic Bayesian approach for modeling and forecasting the age-at-death distribution, focusing on a three-components mixture of a Dirac mass, a…

Applications · Statistics 2021-12-20 Emanuele Aliverti , Stefano Mazzuco , Bruno Scarpa

We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period.…

General Economics · Economics 2021-07-08 Nickolas Gagnon , Riccardo D. Saulle , Henrik W. Zaunbrecher

In this paper we study a model of age-structured ecological populations in continuous interaction with a community of harvesters. We propose an individual-based model for this feedback interactions and prove its convergence to a system of…

The paper provides a survey of results related to the "$\kappa$-generalized distribution", a statistical model for the size distribution of income and wealth. Topics include, among others, discussion of basic analytical properties,…

General Finance · Quantitative Finance 2016-10-28 F. Clementi , M. Gallegati , G. Kaniadakis , S. Landini