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Modeling the Income Distribution in the Society

Author

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  • Tsarev, Igor

Abstract

In the paper the income distribution in the closed economic system is modeled. It has been shown the obtained equilibrium function for the income distribution in the society fits well the statistical data. It is also shown the Gini coef-ficient approaches its theoretical value 0.5 in the absence of government interference. Finally, the conclusion is drawn about a high stability of the income distribution

Suggested Citation

  • Tsarev, Igor, 2008. "Modeling the Income Distribution in the Society," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 11(3), pages 43-51.
    • Handle: RePEc:ris:apltrx:0122
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    References listed on IDEAS

    as
    1. Aivazian Sergey & Kolenikov Stanislav, 2001. "Poverty and Expenditure Differentiation of the Russian Population," EERC Working Paper Series 01-01e, EERC Research Network, Russia and CIS.
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    Cited by:

    1. V. A. Rusanovskiy & V. A. Markov, 2016. "Influence of the spatial factor on the regional differentiation of unemployment in the Russian economy," Studies on Russian Economic Development, Springer, vol. 27(5), pages 593-604, September.
    2. Nartikoev, Alan & Peresetsky, Anatoly, 2019. "Modeling the dynamics of income distribution in Russia," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 54, pages 105-125.

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    More about this item

    Keywords

    income distribution; Gini coefficient;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

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