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arxiv: cond-mat/0403161 · v1 · submitted 2004-03-05 · ❄️ cond-mat.stat-mech · q-fin.GN

Power Law Distributions in Korean Household Incomes

classification ❄️ cond-mat.stat-mech q-fin.GN
keywords incomesdistributionfunctionhouseholdkoreanpowerprobabilityalmost
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We investigate the distribution function and the cumulative probability for Korean household incomes, i.e., the current, labor, and property incomes. For our case, the distribution functions are consistent with a power law. It is also showed that the probability density of income growth rates almost has the form of a exponential function. Our obtained results are compared with those of other numerical calculations.

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