arXiv q-fin· Jhordan Silveira de Borba, Sebastian Gon\c{c}alves, Celia Anteneodo·· 13 hr agoAI Score44
Wealth-to-Wage Ratio: A Simple Indicator for Measuring Inequality
The wealth-to-salary ratio: a simple indicator of inequality
AI summary
Agent-based simulation research based on the capitalist economic model proposed by Ian Wright shows that the ratio R of average per capita wealth to average wage is the core parameter determining the degree of wealth and income distribution inequality; a higher R value corresponds to a higher level of inequality measured by the Gini coefficient.
Source:arXiv q-fin · arxiv.org
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