Milakovic, Mishael; Castaldi, Carolina - Society for Computational Economics - SCE - 2004
Magazine and Sunday Times. The data support conventional wisdom of a wealth distribution with power law-distributed right tail …, and they allow us to calibrate a statistical equilibrium model of wealth distribution. Such a model is not only able to … account for the observed power law tail of wealth distribution, but is also consistent with the asymmetric laplacian …