Fabio Clementi

(Author)

The Distribution of Income and Wealth: Parametric Modeling with the κ-Generalized Family (Softcover Reprint of the Original 1st 2016)Paperback - Softcover Reprint of the Original 1st 2016, 30 March 2018

The Distribution of Income and Wealth: Parametric Modeling with the κ-Generalized Family (Softcover Reprint of the Original 1st 2016)
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Part of Series
New Economic Windows
Print Length
177 pages
Language
English
Publisher
Springer
Date Published
30 Mar 2018
ISBN-10
331980135X
ISBN-13
9783319801353

Description

This book presents a systematic overview of cutting-edge research in the field of parametric modeling of personal income and wealth distribution, which allows one to represent how income/wealth is distributed within a given population. The estimated parameters may be used to gain insights into the causes of the evolution of income/wealth distribution over time, or to interpret the differences between distributions across countries. Moreover, once a given parametric model has been fitted to a data set, one can straightforwardly compute inequality and poverty measures. Finally, estimated parameters may be used in empirical modeling of the impact of macroeconomic conditions on the evolution of personal income/wealth distribution. In reviewing the state of the art in the field, the authors provide a thorough discussion of parametric models belonging to the "κ-generalized" family, a new and fruitful set of statistical models for the size distribution of income and wealth that they have developed over several years of collaborative and multidisciplinary research. This book will be of interest to all who share the belief that problems of income and wealth distribution merit detailed conceptual and methodological attention.

Product Details

Authors:
Fabio ClementiMauro Gallegati
Book Edition:
Softcover Reprint of the Original 1st 2016
Book Format:
Paperback
Country of Origin:
NL
Date Published:
30 March 2018
Dimensions:
23.39 x 15.6 x 1.07 cm
ISBN-10:
331980135X
ISBN-13:
9783319801353
Language:
English
Location:
Cham
Pages:
177
Publisher:
Weight:
281.23 gm

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