Power Law Distributions in Korean Household Incomes
Abstract
Description
We investigate the distribution function and the cumulative probability for Korean household incomes, i.e., the current, labor, and property incomes. For our case, the distribution functions are consistent with a power law. It is also showed that the probability density of income growth rates almost has the form of a exponential function. Our obtained results are compared with those of other numerical calculations.
12 pages, 7 figures
12 pages, 7 figures