7 papers
The Economic Mobility in Money Transfer
Ning Ding, Ning Xi, Yougui Wang
In this paper, we investigate the economic mobility in some money transfer models which have been applied into the research on wealth distribution. We demonstrate the mobility by r…
Dynamic Process of Money Transfer Models
Yougui Wang, Ning Ding
We have studied numerically the statistical mechanics of the dynamic phenomena, including money circulation and economic mobility, in some transfer models. The models on which our…
Prospects for Money Transfer Models
Yougui Wang, Ning Ding, Ning Xi
Recently, in order to explore the mechanism behind wealth or income distribution, several models have been proposed by applying principles of statistical mechanics. These models sh…
How Required Reserve Ratio Affects Distribution and Velocity of Money
Ning Xi, Ning Ding, Yougui Wang
In this paper the dependence of wealth distribution and the velocity of money on the required reserve ratio is examined based on a random transfer model of money and computer simul…
Power-Law Distributions in Circulating Money: Effect of Preferential Behavior
Ning Ding, Yougui Wang
We introduce preferential behavior into the study on statistical mechanics of money circulation. The computer simulation results show that the preferential behavior can lead to pow…
Effects of Saving and Spending Patterns on Holding Time Distribution
Ning Ding, Ning Xi, Yougui Wang
The effects of saving and spending patterns on holding time distribution of money are investigated based on the ideal gas-like models. We show the steady-state distribution obeys a…