Physics – Condensed Matter – Statistical Mechanics
Scientific paper
2000-06-02
Physics
Condensed Matter
Statistical Mechanics
11 pages, 4 figures
Scientific paper
We analyze the distribution of income and income tax of individuals in Japan for the fiscal year 1998. From the rank-size plots we find that the accumulated probability distribution of both data obey a power law with a Pareto exponent very close to -2. We also present an analysis of the distribution of the debts owed by bankrupt companies from 1997 to March, 2000, which is consistent with a power law behavior with a Pareto exponent equal to -1. This power law is the same as that of the income distribution of companies. Possible implications of these findings for model building are discussed.
Aoyama Hideaki
Nagahara Yuichi
Okazaki Mitsuhiro P.
Souma Wataru
Takayasu Hideki
No associations
LandOfFree
Pareto's Law for Income of Individuals and Debt of Bankrupt Companies does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.
If you have personal experience with Pareto's Law for Income of Individuals and Debt of Bankrupt Companies, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Pareto's Law for Income of Individuals and Debt of Bankrupt Companies will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-44776