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Power Law Distributions in Korean Household Incomes


  • Kyungsik Kim

    (Pukyong National University)

  • Seong-Min Yoon

    (Pukyong National University)


We investigate the distribution function and the cumulative probability for Korean household incomes, i.e., the current, labor, and property incomes. For our case, the distribution functions are consistent with a power law. It is also showed that the probability density of income growth rates almost has the form of a exponential function. Our obtained results are compared with those of other numerical calculations.

Suggested Citation

  • Kyungsik Kim & Seong-Min Yoon, 2004. "Power Law Distributions in Korean Household Incomes," Papers cond-mat/0403161,
  • Handle: RePEc:arx:papers:cond-mat/0403161

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    References listed on IDEAS

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    Cited by:

    1. Jagielski, Maciej & Czyżewski, Kordian & Kutner, Ryszard & Stanley, H. Eugene, 2017. "Income and wealth distribution of the richest Norwegian individuals: An inequality analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 474(C), pages 330-333.
    2. Fabio Clementi & Mauro Gallegati, 2005. "Pareto's Law of Income Distribution: Evidence for Grermany, the United Kingdom, and the United States," Microeconomics 0505006, EconWPA.

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