| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10481792 | Physica A: Statistical Mechanics and its Applications | 2012 | 9 Pages |
Abstract
⺠Income distribution and its dynamics is studied in the Cluj district (Romania) for the 2001-2009 period. ⺠A first, long time-length study of income mobility is realized on an ensemble of more than half a million employees. ⺠In the high income limit we show the validity of the Pareto's law on an interval extending four orders of magnitude. ⺠For the low and medium income category we confirm the exponential-type income distribution. ⺠In the high income category the observed dynamics is consistent with the multiplicative random growth hypothesis.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
N. Derzsy, Z. Néda, M.A. Santos,