Description: Income Distribution Dynamics of Economic Systems : An Econophysical Approach, Hardcover by Ribeiro, Marcelo Byrro, ISBN 1107092531, ISBN-13 9781107092532, Like New Used, Free shipping in the US "Th deals with the empirical characterization and dynamics of income distribution and its related quantities from the epistemological and practical perspectives of contemporary physics. Part I discusses the methodological basis of econophysics, several distribution functions used to model the income data and presents empirical evidence supporting those distribution functions. Thomas Piketty's book on inequality is also partially reviewed. Part II discusses income and wealth distributions from the viewpoint of statistical physics, presenting a series of models of the income distribution characterization and dynamics. Part III deals with income distribution under the viewpoint that economic systems have circular flows. This dynamic approach is able to connect income classes to macroeconomic trade cycle theories. Issues like uncertainty, confidence, investment and stability are discussed and the Goodwin macroeconomic dynamics of growth with cycles is discussed in detail. Several other models based or inspired on this macrodynamics are presented and discussed"--
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Book Title: Income Distribution Dynamics of Economic Systems : An Econophysic
Number of Pages: 332 Pages
Publication Name: Income Distribution Dynamics of Economic Systems : an Econophysical Approach
Language: English
Publisher: Cambridge University Press
Subject: Economics / General, Statistics
Publication Year: 2020
Item Height: 0.8 in
Type: Textbook
Item Weight: 27.6 Oz
Item Length: 9.9 in
Author: Marcelo Byrro Ribeiro
Subject Area: Business & Economics
Item Width: 7 in
Format: Hardcover