Pareto’s Law for Income of Individuals
We report a recent high-accuracy analysis of the distribution of income and income-tax of individuals in Japan for the fiscal year 1998. From the ranksize plots we find that the accumulated probability distribution of both data obey a power law with a Pareto exponent close to —2. Some implications for possible model building is also discussed.
KeywordsModel Building Income Data Basic Income Income Range Linear Translation
- 1.Aoyama, H., et al. (2000) Pareto’s Law for Income of Individuals and Debt of Bankrupt Companies. Fractals 8, 293–300.Google Scholar