Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020
In this research, we used Spanish wealth distribution microdata for the period 2015–2020 to provide a general framework for comparing different models and explaining different empirical datasets related to wealth distribution. We present a methodology to output the current value of assets and partic...
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-02-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/9/4/377 |
| _version_ | 1827589295484960768 |
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| author | Ignacio González García Alfonso Mateos Caballero |
| author_facet | Ignacio González García Alfonso Mateos Caballero |
| author_sort | Ignacio González García |
| collection | DOAJ |
| description | In this research, we used Spanish wealth distribution microdata for the period 2015–2020 to provide a general framework for comparing different models and explaining different empirical datasets related to wealth distribution. We present a methodology to output the current value of assets and participations held by the population in order to calculate their real and current distribution. We propose a new methodology for mixture analysis, whereby we identify and analyze subpopulations and then go on to study their influence on wealth distribution. We use concepts of symmetry to identify two internal processes that are characteristic of the wealth accumulation process for the subpopulations of entrepreneurs and non-entrepreneurs. Finally, we propose a method to adjust these results to other empirical data in other countries and periods, providing a methodology for comparing results output with differing data granularity. |
| first_indexed | 2024-03-09T00:53:38Z |
| format | Article |
| id | doaj.art-7ce02fd19e2d4ae8841c4f92c60c72b6 |
| institution | Directory Open Access Journal |
| issn | 2227-7390 |
| language | English |
| last_indexed | 2024-03-09T00:53:38Z |
| publishDate | 2021-02-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Mathematics |
| spelling | doaj.art-7ce02fd19e2d4ae8841c4f92c60c72b62023-12-11T17:01:03ZengMDPI AGMathematics2227-73902021-02-019437710.3390/math9040377Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020Ignacio González García0Alfonso Mateos Caballero1Artificial Intelligence Department, E.T.S. de Ingenieros Informáticos, Universidad Politécnica de Madrid, 28660 Madrid, SpainArtificial Intelligence Department, E.T.S. de Ingenieros Informáticos, Universidad Politécnica de Madrid, 28660 Madrid, SpainIn this research, we used Spanish wealth distribution microdata for the period 2015–2020 to provide a general framework for comparing different models and explaining different empirical datasets related to wealth distribution. We present a methodology to output the current value of assets and participations held by the population in order to calculate their real and current distribution. We propose a new methodology for mixture analysis, whereby we identify and analyze subpopulations and then go on to study their influence on wealth distribution. We use concepts of symmetry to identify two internal processes that are characteristic of the wealth accumulation process for the subpopulations of entrepreneurs and non-entrepreneurs. Finally, we propose a method to adjust these results to other empirical data in other countries and periods, providing a methodology for comparing results output with differing data granularity.https://www.mdpi.com/2227-7390/9/4/377wealthdistributionParetoGibrateconophysicsBenford |
| spellingShingle | Ignacio González García Alfonso Mateos Caballero Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 Mathematics wealth distribution Pareto Gibrat econophysics Benford |
| title | Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 |
| title_full | Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 |
| title_fullStr | Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 |
| title_full_unstemmed | Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 |
| title_short | Models of Wealth and Inequality Using Fiscal Microdata: Distribution in Spain from 2015 to 2020 |
| title_sort | models of wealth and inequality using fiscal microdata distribution in spain from 2015 to 2020 |
| topic | wealth distribution Pareto Gibrat econophysics Benford |
| url | https://www.mdpi.com/2227-7390/9/4/377 |
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