92 citations · 399 across the 6 of their papers we have counts for
5 papers · 1 filter
A k-generalized statistical mechanics approach to income analysis
F. Clementi, M. Gallegati, G. Kaniadakis
This paper proposes a statistical mechanics approach to the analysis of income distribution and inequality. A new distribution function, having its roots in the framework of k-gene…
Reflections on Modern Macroeconomics: Can We Travel Along a Safer Road?
E. Gaffeo, M. Catalano, F. Clementi +3
In this paper we sketch some reflections on the pitfalls and inconsistencies of the research program - currently dominant among the profession - aimed at providing microfoundations…
k-Generalized Statistics in Personal Income Distribution
F. Clementi, M. Gallegati, G. Kaniadakis
Starting from the generalized exponential function , with , proposed in Ref. [G. Kaniadakis, Physica A \textbf{296},…
The Power-law Tail Exponent of Income Distributions
F. Clementi, T. Di Matteo, M. Gallegati
In this paper we tackle the problem of estimating the power-law tail exponent of income distributions by using the Hill's estimator. A subsample semi-parametric bootstrap procedure…
Pareto's Law of Income Distribution: Evidence for Germany, the United Kingdom, and the United States
F. Clementi, M. Gallegati
We analyze three sets of income data: the US Panel Study of Income Dynamics PSID), the British Household Panel Survey (BHPS), and the German Socio-Economic Panel (GSOEP). It is sho…