| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060530 | Economics Letters | 2011 | 4 Pages |
Abstract
⺠The Pareto Ratio Distribution (PRD) modelizes the weight of firms in GDP. ⺠The distribution is rigorously derived for n = 2 and approximated for n large. ⺠Monte Carlo simulations confirm the theoretical approximations. ⺠The PRD which has finite moments can explain the granular volatility of GDP.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Arnaud Manas,