Summary
Stochastic models for income patterns are reviewed in the framework of continuous time and income variables. A mechanism leading to the logistic distribution is described, which provides a rationale for the model proposed by Champernowne in 1952.
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© 1975 D. Reidel Publishing Company, Dordrecht-Holland
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Ord, K. (1975). Statistical Models for Personal Income Distributions. In: Patil, G.P., Kotz, S., Ord, J.K. (eds) A Modern Course on Statistical Distributions in Scientific Work. NATO Advanced Study Institutes Series, vol 17. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-1845-6_13
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DOI: https://doi.org/10.1007/978-94-010-1845-6_13
Publisher Name: Springer, Dordrecht
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