Econophysics of Wealth Distributions PDF ePub eBook

Books Info:

Econophysics of Wealth Distributions free pdf We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not, they are unevenly distributed- few are rich and many are poor! Investigations for more than hundred years and the recent availability of the income distribution data in the internet (made available by the finance ministries of various countries- from the tax return data of the income tax departments) have revealed some remarkable features. Irrespective of many differences in culture, history, language and, to some extent, the economic policies followed in different countries, the income distribution is seen to fol- low a particular universal pattern. So does the wealth distribution. Barring an initial rise in population with income (or wealth- for the destitutes), the population decreases either exponentially or in a log-normal way for the ma- jority of 'middle income' group, and it eventually decreases following a power law (Pareto law, following Vilfredo Pareto's observation in 1896) for the rich- est 5-10 % of the population! This seems to be an universal feature - valid for most of the countries and civilizations- may be in ancient Egypt as well! Econophysicists tried to view this as a natural law for a statistical ma- body-dynamical market system, analogous to gases, liquids or solids: classical or quantum.

About Arnab Chatterjee

Sad to say, presently we simply cannot offer you information about your Author Arnab Chatterjee. However doesn't mean we don't work on her behalf assortment. We all ask that you help us on this issue. When you have free time and desire may hugely get pleasure from if you share with us all your data. Any time receiving these responses and knowledge coming from people about the Econophysics of Wealth Distributions Founder Arnab Chatterjee, many of us 1st the woman verify. After we all ensure that most correct, only submit it. We can see this aid and also thank you in advance.

Details Book

Author : Arnab Chatterjee
Publisher : Springer Verlag
Data Published : 15 November 2014
ISBN : 8847055474
EAN : 9788847055476
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 248 pages
Age + : 15 years
Language : English
Rating :

Reviews Econophysics of Wealth Distributions



17 Comments Add a comment




Related eBooks Download


  • Econophysics of Wealth Distributions free pdfEconophysics of Wealth Distributions

    We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not. they are unevenly distributed- few are rich and many are poor. Investigations for more than hundred years and the recent availability of the income distribution data in the internet (made available by the finance ministries of various countries- from the tax return data of the income tax departments) have revealed some remarkable features..


  • Econophysics of Wealth Distributions free pdfEconophysics of Wealth Distributions

    We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not. they are unevenly distributed- few are rich and many are poor..


  • Income Without a Job free pdfIncome Without a Job

    "Income Without a Job" goes beyond money. for wealth is beyond money. and "Income Without a Job" offers you a way to see your life options in a totally different way..


  • In it Together free pdfIn it Together

    The gap between rich and poor keeps widening. Growth. if any. has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns..


  • Global Economic History free pdfGlobal Economic History

    Why are some countries rich and others poor. In 1500. the income differences were small. but they have grown dramatically since Columbus reached America..


  • Econophysics of Wealth Distributions free pdfEconophysics of Wealth Distributions

    . We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not, they are unevenly distributed- few are rich and many are poor! Investigations for more than hundred