Memorias de investigación
Research Publications in journals:
Wealth's distribution: Pareto deconstructed and gibrat reconstructed
Year:2019
Research Areas
  • Operative research
Information
Abstract
This paper presents, using for the first time the complete detailed data of a tax administration, an analysis of the distribution of net wealth in Spain, incorporating the data of the assets and liabilities of all natural persons including the wealth derived from the possession of shares in listed and unlisted companies, with updated values. The adjustment of income and wealth data to the Pareto distribution and its alternatives is verified. Limitations of the models most frequently used in Econofisica are studied. It is shown how the distribution of wealth can be adjusted according to the Law of Benford anomalous numbers to overcome the traditional distinction between adjusted areas with a lognormal curve and a potential curve. The regularities in the distribution of the different components of wealth (real estate, financial assets, etc.) are analysed and it is explained their different behavior. It is proposed a method to deconstruct the Pareto Law, that would allow realistic modeling in the field of Econophysics.
International
Si
JCR
No
Title
Estudios de Economía Aplicada
ISBN
1133-3197
Impact factor JCR
Impact info
Volume
37
Journal number
From page
22
To page
40
Month
SIN MES
Ranking
Participants
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Grupo de análisis de decisiones y estadística
  • Departamento: Inteligencia Artificial