A simple dynamical model leading to Pareto wealth distribution and stability
Ricardo P\'erez-Marco
Papers from arXiv.org
Abstract:
We propose a simple dynamical model of wealth evolution. The invariant distributions are of Pareto type and are dynamically stable as conjectured by Pareto.
Date: 2014-09, Revised 2014-10
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1409.4857
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