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The Laplace illusion

Article ID Journal Published Year Pages File Type
10481396 Physica A: Statistical Mechanics and its Applications 2012 8 Pages PDF
Abstract
► Gaussian mixture distributions cannot be distinguished from Laplace distributions. ► The scaling relationship between the standard deviation of growth rates and the size of the firms is likely to be an artefact. ► Gibrat's law is confirmed when using a large homogeneous dataset.
Keywords
Firm growth ratesLaplace distributionNormal distributionScaling
Related Topics
Physical Sciences and Engineering Mathematics Mathematical Physics
Preview
The Laplace illusion
Authors
Arnaud Manas,
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Journal
Physica A: Statistical Mechanics and its Applications
Journal: Physica A: Statistical Mechanics and its Applications
Related Categories
Firm growth rates
Laplace distribution
Normal distribution
Scaling
Algebra and Number Theory
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Applied Mathematics
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Mathematical Physics
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