Article ID Journal Published Year Pages File Type
5062778 Economics Letters 2006 6 Pages PDF
Abstract
Statistical regularities at the top end of the wealth distribution are examined using the Forbes 400 lists during 1988-2003. We find that the wealth is distributed according to a Pareto (power-law) distribution with an average exponent of α = 1.49.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The Forbes 400 and the Pareto wealth distribution
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