英文标题：
《Generalized Beta Prime Distribution: Stochastic Model of Economic
Exchange and Properties of Inequality Indices》
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作者：
M. Dashti Moghaddam, Jeffrey Mills and R. A. Serota
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最新提交年份：
2019
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英文摘要：
We argue that a stochastic model of economic exchange, whose steady-state distribution is a Generalized Beta Prime (also known as GB2), and some unique properties of the latter, are the reason for GB2\'s success in describing wealth/income distributions. We use housing sale prices as a proxy to wealth/income distribution to numerically illustrate this point. We also explore parametric limits of the distribution to do so analytically. We discuss parametric properties of the inequality indices -- Gini, Hoover, Theil T and Theil L -- vis-a-vis those of GB2 and introduce a new inequality index, which serves a similar purpose. We argue that Hoover and Theil L are more appropriate measures for distributions with power-law dependencies, especially fat tails, such as GB2.
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中文摘要：
我们认为，经济交换的随机模型，其稳态分布是广义贝塔素数（也称为GB2），以及后者的一些独特性质，是GB2成功描述财富/收入分布的原因。我们使用住房销售价格作为财富/收入分配的代表，从数字上说明这一点。我们还探索了分布的参数极限，以便从分析上做到这一点。我们讨论了Gini、Hoover、Theil T和Theil L等不等式指数相对于GB2指数的参数性质，并引入了一个新的不等式指数，其作用类似。我们认为Hoover和Theil L是具有幂律依赖的分布的更合适的度量，尤其是厚尾分布，如GB2。
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分类信息：

一级分类：Economics 经济学
二级分类：Econometrics 计量经济学
分类描述：Econometric Theory, Micro-Econometrics, Macro-Econometrics, Empirical Content of Economic Relations discovered via New Methods, Methodological Aspects of the Application of Statistical Inference to Economic Data.
计量经济学理论，微观计量经济学，宏观计量经济学，通过新方法发现的经济关系的实证内容，统计推论应用于经济数据的方法论方面。
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一级分类：Economics 经济学
二级分类：Theoretical Economics 理论经济学
分类描述：Includes theoretical contributions to Contract Theory, Decision Theory, Game Theory, General Equilibrium, Growth, Learning and Evolution, Macroeconomics, Market and Mechanism Design, and Social Choice.
包括对契约理论、决策理论、博弈论、一般均衡、增长、学习与进化、宏观经济学、市场与机制设计、社会选择的理论贡献。
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一级分类：Quantitative Finance 数量金融学
二级分类：Mathematical Finance 数学金融学
分类描述：Mathematical and analytical methods of finance, including stochastic, probabilistic and functional analysis, algebraic, geometric and other methods
金融的数学和分析方法，包括随机、概率和泛函分析、代数、几何和其他方法
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一级分类：Quantitative Finance 数量金融学
二级分类：Statistical Finance 统计金融
分类描述：Statistical, econometric and econophysics analyses with applications to financial markets and economic data
统计、计量经济学和经济物理学分析及其在金融市场和经济数据中的应用
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