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

Abstract

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.

References in corpus (3)

• The Power-law Tail Exponent of Income Distributions
• Modeling of income distribution in the European Union with the Fokker-Planck equation
• Income Distribution in the European Union Versus in the United States

Cited by in corpus (2)

• Wealth distribution under the spread of infectious diseases
• Income distribution in Thailand is scale-invariant