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A simple dynamical model leading to Pareto wealth distribution and stability

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  • Ricardo P'erez-Marco

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.

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  • Ricardo P'erez-Marco, 2014. "A simple dynamical model leading to Pareto wealth distribution and stability," Papers 1409.4857, arXiv.org, revised Oct 2014.
    • Handle: RePEc:arx:papers:1409.4857
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    File URL: http://arxiv.org/pdf/1409.4857
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