Ghosh, Abhik; Gangopadhyay, Kausik; Basu, B. - In: Physica A: Statistical Mechanics and its Applications 390 (2011) 1, pp. 83-97
This work presents a comprehensive study of the evolution of the expenditure distribution in India. The consumption process is theoretically modeled based on certain physical assumptions. The proposed statistical model for the expenditure distribution may follow either a double Pareto...