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This paper discusses the empirical validity of Goodwin’s (1967) macroeconomic model of growth with cycles by assuming that the individual income distribution of the Brazilian society is described by the Gompertz–Pareto distribution (GPD). This is formed by the combination of the Gompertz...
Persistent link: https://www.econbiz.de/10011057824
"The book deals with the empirical characterization and dynamics of income distribution and its related quantities from the epistemological and practical perspectives of contemporary physics. Part I discusses the methodological basis of econophysics, several distribution functions used to model...
Persistent link: https://www.econbiz.de/10012169227
Economics and econophysics -- Measuring the income distribution -- Piketty's Capital in the twenty-first century -- Stochastic dynamics of income and wealth -- Circular flows in economic systems -- Goodwin type distributive macrodynamics.
Persistent link: https://www.econbiz.de/10013272338