Emergence of Inequality in Income and Wealth Dynamics

Emergence of Inequality in Income and Wealth Dynamics

Increasing wealth inequality is a significant global issue that demands attention. While the distribution of wealth varies across countries based on their economic stages, there is a universal trend observed in the distribution function. Typically, regions with lower wealth values exhibit an exponen...

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Bibliographic Details
Main Authors: Changhee Cho, Jihun Park, Biseko Juma Mafwele, Quang Anh Le, Hye Jin Park, Jae Woo Lee
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Entropy
Subjects:
wealth inequality
poverty
income distribution
power-law
scaling
saving
Online Access:https://www.mdpi.com/1099-4300/25/8/1129

Internet

https://www.mdpi.com/1099-4300/25/8/1129

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