2 papers
physics.soc-ph2021
Wealth distribution in modern societies: collected data and a master equation approach
Istvan Gere, Szabolcs Kelemen, Geza Toth +2
A mean-field like stochastic evolution equation with growth and reset terms (LGGR model) is used to model wealth distribution in modern societies. The stationary solution of the mo…
q-fin.GN2019
Scaling in Income Inequalities and its Dynamical Origin
Zoltan Neda, Istvan Gere, Tamas S. Biro +2
We provide an analytically treatable model that describes in a unified manner income distribution for all income categories. The approach is based on a master equation with growth…