TimG
04-19-2012, 01:22 PM
came across this article today.
http://jqi.umd.edu/news/315-inequality-and-investment-bubbles.html
very interesting results. The author modeled income and money flow as a gas and used statistical physics methods to model it. It clearly shows a kink in the distribution when incomes surpass approx $140,000
http://jqi.umd.edu/images/stories/inequalityinvestment_fig1.png
http://jqi.umd.edu/news/315-inequality-and-investment-bubbles.html
very interesting results. The author modeled income and money flow as a gas and used statistical physics methods to model it. It clearly shows a kink in the distribution when incomes surpass approx $140,000
http://jqi.umd.edu/images/stories/inequalityinvestment_fig1.png