6533b870fe1ef96bd12d05bd

RESEARCH PRODUCT

On the world distribution of income

Davide Provenzano

subject

Economics and Econometricsbusiness.industrygeneralized gamma distribution log normal power law world income05 social sciencesGeneralized gamma distributionDistribution (economics)Settore SECS-P/06 - Economia Applicata01 natural sciencesPower law010305 fluids & plasmasSettore SECS-S/06 -Metodi Mat. dell'Economia e d. Scienze Attuariali e Finanz.0502 economics and business0103 physical sciencesLog-normal distributionEconomicsEconometrics050207 economicsbusinessMathematical economics

description

In this paper we demonstrate that the size distribution of the world income may be reasonably approximated by a log-normal distribution rather then by a power law, as has previously been believed. This result has been shown to be quite persistent as we move from 1985 to 2011.

10.1111/roiw.12180http://hdl.handle.net/10447/145451