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Econophysics of Wealth Distributions: Econophys-Kolkata I (New Economic Windows)

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 |  2014-11-14 | Original language:English | PDF # 1 |  9.21 x.55 x6.14l,.81 | File type: PDF | 248 pages

||From the Back Cover||Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power

We all know the hard fact: neither wealth nor income is ever uniform for us all. Justified or not, they are unevenly distributed; few are rich and many are poor! Investigations for more than hundred years and the recent availability of the income distribution data in the internet (made available by the finance ministries of various countries; from the tax return data of the income tax departments) have revealed some remarkable features. Irrespective of many differences i...

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