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arxiv: 1610.08918 · v1 · pith:WUYD2TGTnew · submitted 2016-10-27 · 💱 q-fin.GN · physics.soc-ph

Income and wealth distribution of the richest Norwegian individuals: An inequality analysis

classification 💱 q-fin.GN physics.soc-ph
keywords incomewealthindividualsrichestapproxfindnorwegianpareto
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Using the empirical data from the Norwegian tax office, we analyse the wealth and income of the richest individuals in Norway during the period 2010--2013. We find that both annual income and wealth level of the richest individuals are describable using the Pareto law. We find that the robust mean Pareto exponent over the four-year period to be $\approx 2.3$ for income and $\approx 1.5$ for wealth.

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