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Size-Dependency of Income Distributions and Its Implications
Size-Dependency Income Distributions Implications
2011/1/4
This paper highlights the size-dependency of income distributions, i.e. the income distribution curves change with the population of a country systematically. By using the generalized Lotka-Volterra m...
Equilibrium distributions in gas-like economic models: an analytical derivation
econophysics economic models molecular dynamics
2010/10/22
A step by step procedure to derive analytically the exact steady state probability density function of well known kinetic wealth exchange economic models is shown. This gives as a result an integro-d...
Calculation of aggregate loss distributions
aggregate loss distribution compound distribution
2010/10/21
Estimation of the operational risk capital under the Loss Distribution Approach requires evaluation of aggregate (compound) loss distributions which is one of the classic problems in risk theory. Clo...
Nonuniversal distributions of stock returns in an emerging market
Nonuniversal distributions stock returns emerging market
2010/10/19
There is convincing evidence showing that the probability distributions of stock returns in mature markets exhibit power-law tails and both the positive and negative tails conform to the inverse cubic...