Summary
We report empirical studies on the personal income distribution, and clarify that the distribution pattern of the lognormal with power law tail is the universal structure. We analyze the temporal change of Pareto index and Gibrat index to investigate the change of the inequality of the income distribution. In addition some mathematical models which are proposed to explain the power law distribution are reviewed.
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© 2002 Springer Japan
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Souma, W. (2002). Physics of Personal Income. In: Takayasu, H. (eds) Empirical Science of Financial Fluctuations. Springer, Tokyo. https://doi.org/10.1007/978-4-431-66993-7_38
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DOI: https://doi.org/10.1007/978-4-431-66993-7_38
Publisher Name: Springer, Tokyo
Print ISBN: 978-4-431-66995-1
Online ISBN: 978-4-431-66993-7
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