scholarly journals Power Law Behavior and Tail Modeling on Low Income Distribution

2019 ◽  
Vol 7 (3) ◽  
pp. 70-77 ◽  
Author(s):  
Nurulkamal Masseran ◽  
Lai Hoi Yee ◽  
Muhammad Aslam Mohd Safari ◽  
Kamarulzaman Ibrahim
Keyword(s):  
Income Distribution ◽  
Power Law ◽  
Low Income

scholarly journals Economic Growth and Income Inequality in Developing Countries

2015 ◽  
Vol 9 (6) ◽  
pp. 79-82 ◽  
Author(s):  
Morteza Nemati ◽  
Ghasem Raisi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Income Distribution ◽  
Economic System ◽  
Development Strategy ◽  
Low Income ◽  
Poverty Eradication ◽  
The Relationship ◽  
Selection Of

Nowadays, improvement in income distribution and poverty eradication and hence low inequality are served as the main objectives of economic and social development strategy even prior than primary tasks of governments. to manifest importance of income distribution, some economists adopt income inequality and income distribution in society as criteria for economic system of the community, although these criteria and measures are theoretical for the economic system and this varies from the perspective of different people, however, it denotes on  importance of income distribution among individuals. The main objective of this study was to evaluate the effect of economic growth on income inequality in the selection of low-income developing countries.To this end, using panel data and data for 28 developing countries over the period 1990-2010 the relationship between GDP and the Gini coefficient was examined. The results indicate that as per hypothesis Kuznets in the early stages of growth, income inequality increases and then it declines in later stage.

scholarly journals Income distribution in the Colombian economy from an econophysics perspective

2016 ◽  
Vol 35 (69) ◽  
pp. 691-707
Author(s):  
Hernando Quevedo Cubillos ◽  
María N. Quevedo
Keyword(s):  
Income Distribution ◽  
Economic System ◽  
Power Law ◽  
Gibbs Distribution ◽  
Economic Systems ◽  
Second Phase ◽  
Equilibrium Thermodynamic ◽  
Thermodynamic Models ◽  
Density Distributions ◽  
Pareto Distributions

Recently, in econophysics, it has been shown that it is possible to analyze economic systems as equilibrium thermodynamic models. We apply statistical thermodynamics methods to analyze income distribution in the Colombian economic system. Using the data obtained in random polls, we show that income distribution in the Colombian economic system is characterized by two specific phases. The first includes about 90% of the interviewed individuals, and is characterized by an exponential Boltzmann-Gibbs distribution. The second phase, which contains the individuals with the highest incomes, can be described by means of one or two power-law density distributions that are known as Pareto distributions.

scholarly journals Ekonomi Pembangunan Terhadap Pengangguran di Provinsi Jambi

2014 ◽  
Vol 2 (2) ◽  
pp. 25-39
Author(s):  
Afrizal Afrizal
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Income Distribution ◽  
Low Income ◽  
Social Order ◽  
Street Children ◽  
Urgent Problem ◽  
The Social ◽  
The Impact

Unemployment in developing countries such as Indonesia, the economic development of this country as a growing number of unemployment is a problem that is more complicated and more serious than the problem of changes in income distribution are less profitable low-income residents Unemployment in Jambi Province has reached tens of thousands of people is an urgent problem that must be solved because of the impact of unemployment it would be very dangerous to the social order of life. It is a fact that various social evils such as theft / muggings/robberies, prostitution, Jula buy children, street children and others merupakandampakdaripengangguran.

scholarly journals Do Rising Top Income Shares Affect the Incomes or Earnings of Low and Middle-Income Families?

2012 ◽  
Vol 12 (1) ◽  
Author(s):  
Jeffrey P. Thompson ◽  
Elias Leight
Keyword(s):  
Economic Growth ◽  
Income Distribution ◽  
Low Income ◽  
Growth Patterns ◽  
Standard Of Living ◽  
Middle Income ◽  
Low Income Families ◽  
Negative Impacts ◽  
The Relationship ◽  
Low And Middle Income

Abstract This paper uses US state panel data to explore the relationship between the share of income received by affluent households and the level of income and earnings received by low and middle-income families. A rising top share of income can potentially lead to increases in the incomes of low and middle-income families if economic growth is sufficiently responsive to increases in inequality. A substantial literature on the impacts of inequality on economic growth exists, but has failed to achieve consensus, with various studies finding positive impacts, negative impacts, and no impacts on growth from increased levels of income inequality. This paper departs from that literature by exploring the effect of inequality on the standard of living of middle-income and low-income families. In the context of rising inequality, increased overall growth is not necessarily a suitable proxy for overall standard of living, since growth patterns are not uniform for the entire income distribution. The results of this study indicate that increases in the top share of income (particularly the top one percent) are associated with declines in the actual incomes (and earnings) of middle income families, but have no clear impact on families at the bottom of the income distribution.

Precarious Childhoods: Childhood Family Income Volatility and Mental Health in Early Adulthood

Social Forces ◽  
2020 ◽  
Vol 99 (2) ◽  
pp. 672-699
Author(s):  
Siwei Cheng ◽  
Kyriaki Kosidou ◽  
Bo Burström ◽  
Charlotte Björkenstam ◽  
Anne R Pebley ◽  
...  
Keyword(s):  
Income Distribution ◽  
Low Income ◽  
Family Income ◽  
Negative Impact ◽  
Early Adulthood ◽  
Mental Wellbeing ◽  
Income Volatility ◽  
Negative Effect ◽  
Low Income Families ◽  
The Impact

Abstract The rise of income volatility in western countries has been extensively documented in the literature, but empirical research has just started to examine how childhood exposure to family income volatility affects subsequent wellbeing. This study takes advantage of several nation-wide, population registers from Sweden with linkages within and across generations to examine the intergenerational impact of childhood family income volatility on psychiatric disorders in early adulthood. In addition to the population-average effects, we also examine the heterogeneity in the impact of family income volatility for families at the top, bottom, and middle of the family income distribution. Our results suggest that after controlling for a set of family- and child-level characteristics, childhood family income volatility has a negative effect on mental wellbeing, and this finding is consistent across a range of psychiatric outcomes. Furthermore, we show that while children from low-income families exhibit the greatest likelihood of psychiatric disorder, children from families in the middle of the income distribution experience the greatest negative impact of income volatility.

scholarly journals The impact of participation in employment-based retirement savings plans on material hardship

2015 ◽  
Vol 15 (4) ◽  
pp. 407-428
Author(s):  
BRADLEY T. HEIM ◽  
SHANTHI P. RAMNATH
Keyword(s):  
Income Distribution ◽  
Low Income ◽  
Positive Impact ◽  
Retirement Savings ◽  
Program Participation ◽  
Material Hardship ◽  
Short Term ◽  
Financial Difficulties ◽  
Using Data ◽  
The Impact

AbstractTo contribute to a retirement plan (barring an increase in income), an individual must either reduce consumption or increase debt. Using data from the 2004 wave of the Survey of Income and Program Participation, we examine the extent to which contributing to 401(k)-type accounts leads to an increase in short-term financial difficulties, particularly among low-income individuals. After instrumenting for plan take-up, we find that contributing to a 401(k) plan appears to have a small positive impact on the presence of any material hardship and debt holding among the lowest income quintiles, though that effect diminishes further up the income distribution.

scholarly journals The economic development

2019 ◽  
Author(s):  
efi rahmadhani
Keyword(s):  
Economic Growth ◽  
Income Distribution ◽  
Regional Development ◽  
Human Development ◽  
Low Income ◽  
Urban Areas ◽  
Economic Inequality ◽  
National Development ◽  
Rural And Urban Areas ◽  
Rural And Urban

Economic growth essentially aims to improve the welfare of the community, so that increased economic growth is needed and more equitable income distribution. However, if the growth is followed by an improvement in income distribution, it will be difficult to create prosperity for the community in general, because the income distribution is uneven or does not run smoothly, so that it will automatically disrupt the Indonesian economy, and will be in poverty.But the high level of economic inequality in Indonesia has resulted in low income groups unable to access basic needs and services such as food, health and education. This can adversely affect the community and slow down the human development process, as measured by the Human Development Index (HDI). Sources of economic inequality, especially in Indonesia, are due to the implementation of the economic system of capitalism, differences in natural resource content, market fundamentalism that encourage rich people to reap the biggest profits from economic growth, increased political capture, gender inequality, low wages lifting itself from poverty, inequality of access between rural and urban areas to infrastructure, a taxation system that fails to play an important role in distributing income.One of the country's efforts to reduce inequality between regions or regions is of course through equitable development in the regions. This is related to regional development, where regional development is an integral part of national development. Thus, it is expected that the results of development will be distributed and allocated to regional levels.

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