Modelling income, wealth, and expenditure data by use of Econophysics

In the present paper, we identify several distributions from Physics and study their applicability to phenomena such as distribution of income, wealth, and expenditure. Firstly, we apply logistic distribution to these data and we find that it fits very well the annual data for the entire income inte...

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Bibliographic Details
Main Author: Elvis Oltean
Format: Default Thesis
Published: 2016
Subjects:
Other physical sciences not elsewhere classified
Econophysics
Fermi-Dirac function
Decile
Pdf
Complementary cumulative distribution function
Polynomial
Hamiltonian
Utility
Logistic distribution
Income
Wealth
Expenditure
Upper limit on income
Lower bound
Mean income
Physical Sciences not elsewhere classified
Online Access:https://hdl.handle.net/2134/20203
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