A model for distribution of high-tax payers

We propose a model which induces power-law behavior in double logarithmic diagram of highest income against rank. This model is so simple that we can take more factors of complicated situations into our simulation. A good agreement with the combined data of CEO in Japan and US is obtained.

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Year of publication:	2002
Authors:	Yamamoto, Keizo ; Miyazima, Sasuke ; Koshal, Rajindar K. ; Yamada, Yuko
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 314.2002, 1, p. 743-748
Publisher:	Elsevier
Subject:	High income rank \| Power-law distribution \| Fractals \| Income model

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010873786