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Notes on Thick-Tailed Distributions of Wealth

Chapter

Abstract

One of the best-known empirical regularities in economics is the law of Pareto, according to which the upper tails of the distributions of income and wealth are described by the relationship

Keywords

Slope Coefficient Prime Mover Wealth Distribution Habit Formation Preference Stability 
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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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