In this paper we demonstrate that the size distribution of the world income may be reasonably approximated by a log-normal distribution rather then by a power law, as has previously been believed. This result has been shown to be quite persistent as we move from 1985 to 2011
Provenzano, D. (2017). On the world distribution of income. THE REVIEW OF INCOME AND WEALTH, 63(1), 189-196 [10.1111/roiw.12180].
On the world distribution of income
PROVENZANO, Davide
2017-01-01
Abstract
In this paper we demonstrate that the size distribution of the world income may be reasonably approximated by a log-normal distribution rather then by a power law, as has previously been believed. This result has been shown to be quite persistent as we move from 1985 to 2011
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