Abstract
We discuss Pareto–Zipf's law and Gibrat's law found in the high-end regions of personal income, company's income, and various measures of company size. The fact that these phenomenological laws coexist in wide range of data suggests some deep mathematical relations between them. In this paper we find just such relationships under the law of detailed-balance. This sets a basis for perturbative treatment of the economic change.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Physica A: Statistical Mechanics and its Applications
Paper Title
Journal
Date
