Income and wealth distribution of the richest Norwegian individuals: An inequality analysis

Maciej Jagielski; Kordian Czyżewski; Ryszard Kutner; H. Eugene Stanley

doi:10.1016/j.physa.2017.01.077

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arXiv · 1610.08918

Income and wealth distribution of the richest Norwegian individuals: An inequality analysis

Maciej Jagielski·Kordian Czyżewski·Ryszard Kutner·H. Eugene Stanley

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Abstract

Using the empirical data from the Norwegian tax office, we analyse the wealth and income of the richest individuals in Norway during the period 2010--2013. We find that both annual income and wealth level of the richest individuals are describable using the Pareto law. We find that the robust mean Pareto exponent over the four-year period to be $\approx 2.3$ for income and $\approx 1.5$ for wealth.

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Maciej Jagielski, Kordian Czyżewski, Ryszard Kutner, H. Eugene Stanley. 2016-10-27. Income and wealth distribution of the richest Norwegian individuals: An inequality analysis. https://doi.org/10.1016/j.physa.2017.01.077

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