The Economic Mobility in Money Transfer
In this paper, we investigate the economic mobility in some money transfer models which have been applied into the research on wealth distribution. We demonstrate the mobility by recording the time series of agents' ranks and observing their volatility. We also compare the mobility quantitatively by employing an index, "the per capita aggregate change in log-income", raised by economists. Like the shape of distribution, the character of mobility is also decided by the trading rule in these transfer models. It is worth noting that even though different models have the same type of distribution, their mobility characters may be quite different.
Year of publication: |
2005-07
|
---|---|
Authors: | Ding, Ning ; Xi, Ning ; Wang, Yougui |
Institutions: | arXiv.org |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Effects of Saving and Spending Patterns on Holding Time Distribution
Ding, Ning, (2005)
-
Prospects for Money Transfer Models
Wang, Yougui, (2005)
-
How Required Reserve Ratio Affects Distribution and Velocity of Money
Xi, Ning, (2005)
- More ...