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Income and wealth distribution of the richest Norwegian individuals: An inequality analysis

Maciej Jagielski, Kordian Czy\.zewski, Ryszard Kutner and H. Eugene Stanley

Papers from arXiv.org

Abstract: Using the empirical data from the Norwegian tax office, we analyse the wealth and income of the richest individuals in Norway during the period 2010--2013. We find that both annual income and wealth level of the richest individuals are describable using the Pareto law. We find that the robust mean Pareto exponent over the four-year period to be $\approx 2.3$ for income and $\approx 1.5$ for wealth.

Date: 2016-10
New Economics Papers: this item is included in nep-eur and nep-pbe
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