The stochastic interpretation of the Dagum personal income distribution: a tale

Autor: Lorenzo Fattorini, Achille Lemmi
Jazyk: angličtina
Rok vydání: 2008
Předmět:
Zdroj: Statistica, Vol 66, Iss 3, Pp 325-329 (2008)
Druh dokumentu: article
ISSN: 0390-590X
1973-2201
DOI: 10.6092/issn.1973-2201/646
Popis: The present notes delineates the circumstances and the basic theoretical steps which led, about thirty years ago, to the derivation of the Dagum income distribution as the equilibrium distribution of a diffusion process. Most of theoretical issues of this note deal with the derivation of the stable solution for the forward Kolmogorov equation. Such a derivation has socio-economic fundaments from the contributions of Sylos Labini on social stratification.
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