Economic Inequality: Is it Natural?

Arnab Chatterjee, Sitabhra Sinha and Bikas K. Chakrabarti

Papers from arXiv.org

Abstract: Mounting evidences are being gathered suggesting that income and wealth distribution in various countries or societies follow a robust pattern, close to the Gibbs distribution of energy in an ideal gas in equilibrium, but also deviating significantly for high income groups. Application of physics models seem to provide illuminating ideas and understanding, complimenting the observations.

Date: 2007-03, Revised 2007-03
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Published in Current Science 92 (2007) 1383-1389

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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:physics/0703201

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