Wealth Distribution across Countries: Quality of Weibull, Dagum and Burr XII in Estimating Wealth over Time
Sign Up to like & getrecommendations! Published in 2021 at "Finance Research Letters"
DOI: 10.1016/j.frl.2021.102023
Abstract: Abstract This study aims to determine which distribution provides a better goodness-of-fit for the distribution of wealth across countries over time. Using eight goodness-of-fit measures, we compared the Burr XII, the Weibull, and the Dagum… read more here.
Keywords: wealth; wealth distribution; burr xii; across countries ... See more keywords
Wealth distribution for agents with spending propensity, interacting over a network.
Sign Up to like & getrecommendations! Published in 2022 at "Chaos"
DOI: 10.1063/5.0120979
Abstract: Wealth distribution in an economic system is studied by means of an agent model, where agents have a certain spending propensity and they interact over a given network. When the network is random, or scale-free… read more here.
Keywords: spending propensity; wealth distribution; network; propensity ... See more keywords
The Investigation of a Wealth Distribution Model on Isolated Discrete Time Domains
Sign Up to like & getrecommendations! Published in 2020 at "Mathematical Problems in Engineering"
DOI: 10.1155/2020/4353025
Abstract: A wealth distribution model on isolated discrete time domains, which allows the wealth to exchange at irregular time intervals, is used to describe the effect of agent’s trading behavior on wealth distribution. We assume that… read more here.
Keywords: wealth; wealth distribution; distribution model; time ... See more keywords
A two-group kinetic wealth model with wealth-gap drift and non-Maxwellian kernels
Sign Up to like & getrecommendations! Published in 2025 at "PLOS One"
DOI: 10.1371/journal.pone.0336043
Abstract: This paper applies statistical mechanics to investigate wealth distribution in binary interactions between two groups of agents. Using an exchange rule with non-zero expected random variables and non-Maxwellian collision kernels, we consider the case that… read more here.
Keywords: non maxwellian; rate; group; wealth ... See more keywords
Effects of Vaccination Efficacy on Wealth Distribution in Kinetic Epidemic Models
Sign Up to like & getrecommendations! Published in 2022 at "Entropy"
DOI: 10.3390/e24020216
Abstract: The spread of the COVID-19 pandemic has highlighted the close link between economics and health in the context of emergency management. A widespread vaccination campaign is considered the main tool to contain the economic consequences.… read more here.
Keywords: vaccination campaign; wealth; wealth distribution; effects vaccination ... See more keywords
On the Analysis of Wealth Distribution in the Context of Infectious Diseases
Sign Up to like & getrecommendations! Published in 2024 at "Entropy"
DOI: 10.3390/e26090788
Abstract: A mathematical model is established to investigate the economic effects of infectious diseases. The distribution of wealth among two types of agents in the context of the epidemic is discussed. Using the method of statistical… read more here.
Keywords: infectious diseases; wealth density; distribution; wealth ... See more keywords
Household Wealth Distribution and Its Impact in China: Evidence from the China Family Panel Studies
Sign Up to like & getrecommendations! Published in 2023 at "Sustainability"
DOI: 10.3390/su15086928
Abstract: As China has experienced rapid economic growth, the study of household wealth distribution has become a pressing issue. This paper uses data from the 2012–2018 China Family Panel Studies (CFPS) to examine the impact of… read more here.
Keywords: china family; household wealth; wealth distribution; wealth ... See more keywords