43 citations · 142 across the 7 of their papers we have counts for
8 papers
Theory of earthquakes interevent times applied to financial markets
Maciej Jagielski, Ryszard Kutner, Didier Sornette
We analyze the probability density function (PDF) of waiting times between financial loss exceedances. The empirical PDFs are fitted with the self-excited Hawkes conditional Poisso…
Income and wealth distribution of the richest Norwegian individuals: An inequality analysis
Maciej Jagielski, Kordian Czyżewski, Ryszard Kutner +1
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…
Universality of market superstatistics
Mateusz Denys, Maciej Jagielski, Tomasz Gubiec +2
We use a continuous-time random walk (CTRW) to model market fluctuation data from times when traders experience excessive losses or excessive profits. We analytically derive "super…
Income Distribution in the European Union Versus in the United States
Maciej Jagielski, Rafał Duczmal, Ryszard Kutner
We prove that the refined approach -- our extension of the Yakovenko et al. formalism -- is universal in the sense that it describes well both household incomes in the European Uni…
Modelling of the European Union income distribution by extended Yakovenko formula
Maciej Jagielski, Ryszard Kutner
We found a unified formula for description of the household incomes of all society classes, for instance, for the European Union in years 2005-2010. The formula is more general tha…
Modelling the income distribution in the European Union: An application for the initial analysis of the recent worldwide financial crisis
Maciej Jagielski, Ryszard Kutner
By using methods of statistical physics, we focus on the quantitative analysis of the economic income data descending from different databases. To explain our approach, we introduc…
Ab initio analysis of all income society classes in the European Union
Maciej Jagielski, Ryszard Kutner
We found a unified formula for description of the household incomes of all society classes, for instance, of those of the European Union in year 2007. This formula is a stationary…
Modeling of income distribution in the European Union with the Fokker-Planck equation
Maciej Jagielski, Ryszard Kutner
Herein, we applied statistical physics to study incomes of three (low-, medium- and high-income) society classes instead of the two (low- and medium-income)classes studied so far.…