Income and wealth distribution of the richest Norwegian individuals: An inequality analysis
classification
💱 q-fin.GN
physics.soc-ph
keywords
incomewealthindividualsrichestapproxfindnorwegianpareto
read the original 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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