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Power laws in top wealth distributions: evidence from Canada

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  • Tomson Ogwang

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  • Tomson Ogwang, 2011. "Power laws in top wealth distributions: evidence from Canada," Empirical Economics, Springer, vol. 41(2), pages 473-486, October.
  • Handle: RePEc:spr:empeco:v:41:y:2011:i:2:p:473-486
    DOI: 10.1007/s00181-010-0384-5
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    References listed on IDEAS

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    1. Moshe Levy & Haim Levy, 2003. "Investment Talent and the Pareto Wealth Distribution: Theoretical and Experimental Analysis," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 709-725, August.
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    Citations

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    Cited by:

    1. Aloys Prinz, 2016. "Do capitalistic institutions breed billionaires?," Empirical Economics, Springer, vol. 51(4), pages 1319-1332, December.
    2. Gao, Li, 2015. "Evolution of consumption distribution and model of wealth distribution in China between 1995 and 2012," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 429(C), pages 76-86.
    3. Vermeulen, Philip, 2014. "How fat is the top tail of the wealth distribution?," Working Paper Series 1692, European Central Bank.
    4. Ogwang, Tomson, 2013. "Is the wealth of the world’s billionaires Paretian?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(4), pages 757-762.
    5. Soriano-Hernández, P. & del Castillo-Mussot, M. & Córdoba-Rodríguez, O. & Mansilla-Corona, R., 2017. "Non-stationary individual and household income of poor, rich and middle classes in Mexico," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 465(C), pages 403-413.
    6. Wang, Yuanjun & You, Shibing, 2016. "An alternative method for modeling the size distribution of top wealth," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 443-453.
    7. Michal Brzezinski, 2016. "Robust estimation of the Pareto tail index: a Monte Carlo analysis," Empirical Economics, Springer, vol. 51(1), pages 1-30, August.
    8. Capehart, Kevin W., 2014. "Is the wealth of the world’s billionaires not Paretian?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 395(C), pages 255-260.
    9. Michał Brzeziński, 2013. "Robust estimation of the Pareto index: A Monte Carlo Analysis," Working Papers 2013-32, Faculty of Economic Sciences, University of Warsaw.

    More about this item

    Keywords

    Pareto power law; Zipf’s law; Wealth; Inequality; C46; D31;

    JEL classification:

    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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