A study of the personal income distribut
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Anand Banerjee; Victor M. Yakovenko; T. Di Matteo
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Article
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2006
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Elsevier Science
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English
⚖ 259 KB
We analyze the data on personal income distribution from the Australian Bureau of Statistics. We compare fits of the data to the exponential, log-normal, and gamma distributions. The exponential function gives a good (albeit not perfect) description of 98% of the population in the lower part of the