Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7376732 | Physica A: Statistical Mechanics and its Applications | 2017 | 11 Pages |
Abstract
Despite Mexican peso crisis in 1994 followed by a severe economic recession, individual and household income distributions in the period 1992-2008 always exhibit a two-class structure; a highly fluctuating high-income class adjusted to a Pareto power-law distribution, and a low-income class (including poor and middle classes) adjusted to either Log-normal or Gamma distributions, where poor agents are defined as those with income below the maximum of the uni-modal distribution. Then the effects of crisis on the income distributions of the three classes are briefly analysed.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
P. Soriano-Hernández, M. del Castillo-Mussot, O. Córdoba-RodrÃguez, R. Mansilla-Corona,