Papers on the Inequality Process and the Gamma Law of Income Distribution:
Angle, John. 2013. “How To Win Acceptance of The Inequality Process as Economics?“. Management and Society Review 2(#2, July): 117-134 (published by the Indian Institute of Management, Kozhikode).
This paper appears in the Management and Society Review (MSR) volume dedicated to exploring opportunities for businesses in the new interdisciplinary science of econophysics. MSR is for professional managers working in the economy of India. Indian business now has the success, self-confidence, optimism, and eagerness to explore new frontiers of profit to apply new science to making profits, traits that Americans would like to claim as uniquely their own. No longer.
The thesis of the paper is that economists will continue to ignore the Inequality Process until it has remunerative applications, particularly applications superior to ones that economists are hired to supply. While that day is not yet at hand, a possible first application of the Inequality Process is suggested.
Angle, John.2008. "Not a Hollowing Out, A Stretching: Trends in U.S. Nonmetro WageIncome Distribution, 1961-2003".
This paper demonstrates that many of theimplications of the Inequality Process' macro model for how the distribution ofwage income changes are evident in time series of two simple descriptivestatistics, the dispersion of wage income and the relative frequency in aparticular range of large incomes. The time-series of these statistics has beenwidely misinterpreted as evidence of galloping growth in wage income inequalityand even the "hollowing out" of the distribution of wage income.
Angle, John.2013. “How To Win Acceptance of The Inequality Process as Economics?“. Managementand Society Review 2(#2): 117-134 (published by the Indian Institute ofManagement, Kozhikode).
____. 2012. “The Inequality Process v. The Saved Wealth Model: Which is the MoreLikely to Imply an Analogue of Thermodynamics in Social Science”. Journalof Mathematical Sociology. An earlier version of this paper “The Inequality Process vs. The Saved Wealth Model. Two Particle Systems ofIncome Distribution; Which Does Better Empirically?” [available on RePEc/MPRA], is a revision of “A Test of Two Similar Particle System Models of Wage IncomeDistribution Conditioned on Education”, 2009 Joint Statistical Meetings, in itsproceedings volume.
_____. 2011. “Socio-Economic Analogues of the Gas Laws (Boyle’s and Charles’)”. Proceedings of the 2011 Joint Statistical Meetings, (American Statistical Association, Social Statistics Section, Joint Statistical Meetings. Pp. 1375-1389. CD-ROM. Alexandria, VA: American Statistical Association.
_____. 2010. "The Inequality Process as an Evolutionary Algorithm". Proceedings of the 2010 Joint Statistical Meetings, (American Statistical Association, Section on Statistical Learning and Data Mining), Joint Statistical Meetings. Pp. 2295-2309. CD-ROM. Alexandria, VA: American Statistical Association.
_____. 2009. “A Test of Two Similar Particle System Models of Wage Income Distribution Conditioned on Education”. Proceedings of the 2009 Joint Statistical Meetings, (American Statistical Association, Business and Economic Statistics Section), Pp. 1003-1017. CD-Rom. Alexandria, VA: American Statistical Association.
_____, François Nielsen, and Enrico Scalas. 2009. “The Kuznets Curve and the Inequality Process”. Pp. 125-138. In Banasri Basu, Bikas K. Chakrabarti, Satya R. Chakravarty, Kausik Gangopadhyay, editors, Econophysics and Economics of Games, Social Choices and Quantitative Techniques. (Proceedings of the Econophys-Kolkata IV Conference, March 2009, Kolkata, India, jointly sponsored by the Indian Statistical Institute and the Saha Institute of Nuclear Physics.). Milan: Springer.
_____. 2007a. “The Macro Model of the Inequality Process and The Surging Relative Frequency of Large Wage Incomes”. Pp. 171-196 in A. Chatterjee and B.K. Chakrabarti, (eds.), The Econophysics of Markets and Networks (Proceedings of the Econophys-Kolkata III Conference, March 2007. Milan: Springer [ISBN: 978-8847006645 ].
_____. 2007b. “The Inequality Process is an evolutionary process”. In The Constructal Theory of Social Dynamics. Adrian Bejan and Gilbert Merkx, eds. (Proceedings of the Conference on the Constructal Theory of Social Dynamics, Duke University, April 2006). New York: Springer [ ISBN: 978-0387476803 ].
_____. 2007c. “A mathematical sociologist’s tribute to Comte: sociology as science”. Footnotes [monthly newsletter of the American Sociological Association] 35(No. 2, February): 10,11.
_____. 2006a. “Not a Hollowing Out, A Stretching: Trends in U.S. Nonmetro Wage Income Distribution, 1961-2003". Self published as a downloadable *.pdf file on RePEc/MPRA.
_____. 2006b (received 8/05; electronic publication: 12/05; hardcopy publication 7/06). “The Inequality Process as a wealth maximizing algorithm”’. Physica A: Statistical Mechanics and Its Applications 367:388-414 (DOI information: 10.1016/j.physa.2005.11.017). A draft version of the paper can be downloaded from the Luxembourg Income Study website.
_____. 2006c. “A measure of intergroup discrimination: color and wage income in the nonmetropolitan U.S.”. Proceedings of the 2006 Joint Statistical Meetings, (American Statistical Association, Social Statistics Section), August, 2006. Pp, 1889-1894. [CD-ROM], Alexandria, VA: American Statistical Association.
_____. 2006d. “The Inequality Process as an evolutionary process”. Proceedings (late breaking papers) of the Genetic and Evolutionary Computation Conference (GECCO), July, 2006. Late breaking paper (lbp) #137.
_____. 2006e. “A comment on Gallegati et al.’s “Worrying Trends in Econophysics” “. Pp. 250-253 in A. Chatterjee and B.K. Chakrabarti, (eds.), The Econophysics of Stocks and Other Markets (Proceedings of the Econophys Kolkata II Conference, February, 2006 Milan: Springer. (ISBN: 978-8847005013).
_____. 2005. “The U.S. Distribution of Annual Wage and Salary Income since 1961: the Perceived Inequality Trend”. Population Association of America Annual Meeting. Philadelphia, April, 2005.
_____. 2003a. “The dynamics of the distribution of wage and salary income in the nonmetropolitan U.S.”. Estadistica 55: 59-93.
_____. 2003b. “Inequality Process, The”. An entry in T. Liao, et al., (eds.), The Encyclopedia of Social Science Research Methods. Volume 2: 488-490. Thousand Oaks, CA: Sage.
_____. 2003c. "Imitating the salamander: a model of the right tail of the wage distribution truncated by topcoding”. Proceedings November, 2003 Conference of the Federal Committee on Statistical Methodology.
_____. 2002a. "The statistical signature of pervasive competition on wages and salaries". Journal of Mathematical Sociology. 26:217-270. [abstracted in Cambridge Science Abstracts and Sociological Abstracts].
_____. 2002b. “Modeling the dynamics of the nonmetro distribution of wage and salary income as a function of its mean”. Proceedings of the 2002 Joint Statistical Meetings, (American Statistical Association, Business and Economic Statistics Section). [CD-ROM], Alexandria, VA: American Statistical Association.
_____. 2002c. “Contingent forecasting of bulges in the left and right tails of the nonmetro wage and salary income distribution”. Proceedings of the 2002 Federal Forecasters’ Conference. (Awarded "Best Paper" by Organizing Committee of the 2003 Federal Forecasters' Conference, 9/18/03). Washington, DC: U.S. Government Printing Office.
_____. 2001. "Modeling the right tail of the nonmetro distribution of wage and salary income". 2001 Proceedings of the American Statistical Association, Social Statistics Section. [CD-ROM], Alexandria, VA: American Statistical Association.
_____. 2000. "The binary interacting particle system (bips) underlying the maxentropic derivation of the gamma law of income distribution". 2000 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 270-275. Alexandria, VA: American Statistical Association.
_____. 1999. “Evidence of pervasive competition: the dynamics of income distributions and individual incomes”. 1999 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 331-336. Alexandria, VA: American Statistical Association.
_____. 1999. “Contingent forecasting of the size of a vulnerable nonmetro population”. Proceedings of the 1999 Federal Forecasters’ Conference. Pp. 161-169. (Awarded "Best Paper” by Organizing Committee of the 2000 Federal Forecasters' Conference, 9/14/00). Washington, DC: U.S. Government Printing Office.
_____. 1998. “Contingent forecasting of the size of the small income population in a recession”. 1998 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 138-143. Alexandria, VA: American Statistical Association.
_____. 1997. "A theory of income distribution". 1997 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 388-393. Alexandria, VA: American Statistical Association.
_____. 1996. "How the gamma law of income distribution appears invariant under aggregation". Journal of Mathematical Sociology. 21:325-358.
_____, 1993a. "Deriving the size distribution of personal wealth from 'the rich get richer, the poor get poorer'". Journal of Mathematical Sociology 18:27-46.
_____. 1993b. "An apparent invariance of the size distribution of personal income conditioned on education." 1993 Proceedings of the American Statistical Association, Social Statistics Section . Pp. 197-202. Alexandria, VA: American Statistical Association.
_____, 1992. "The Inequality Process and the distribution of income to blacks and whites". Journal of Mathematical Sociology 17:77.98.
_____. 1990. "A stochastic interacting particle system model of the size distribution of wealth and income." 1990 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 279.284. Alexandria, VA: American Statistical Association.
_____, 1986. "The surplus theory of social stratification and the size distribution of Personal Wealth." Social Forces 65:293.326.
_____. 1986. "Coalitions in a stochastic process of wealth distribution." 1986 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 259.263. Alexandria, VA: American Statistical Association.
_____. 1983. "The surplus theory of social stratification and the size distribution of Personal Wealth." 1983 Proceedings of the American Statistical Association, Social Statistics Section. Pp. 395.400. Alexandria, VA: American Statistical Association.
_____. 1980. "SIMSTRAT IV." Modeling and Simulation (1980) 11:1575.1582.
The Library of the University of Municharchives this paper in the Munich Personal Research Archive (MPRA).
_____. 2007. "A mathematical sociologist's tributeto Comte: sociology as science" . Footnotes [monthly newsletter of theAmerican Sociological Association] 35(No. 2, February): 10,11. [ on-line at:http://www2.asanet.org/footnotes/feb07/fn9.html . Its web-log is on-line athttp://members.asanet.org/Forums/view_forum.php?id=11 ].
_____. 2006."A comment on Gallegati et al.'s "Worrying Trends inEconophysics" ". Pp. 250-253 in A. Chatterjee and B.K. Chakrabarti,(eds.), The Econophysics of Stock and Other Markets (Proceedings of the EconophysKolkata II Conference, February, 2006 [http://www.saha.ac.in/cmp/econophys2.cmp/ ] ). Milan: Springer. (ISBN: 978-8847005013).
_____. 2003." Inequality Process, The" . An entry in T. Liao, et al., (eds.), TheEncyclopedia of Social Science Research Methods. Volume 2: 488-490. ThousandOaks, CA: Sage.
Kleiber,Christian and Samuel Kotz. 2003. Statistical Size Distributions in Economicsand Actuarial Science. Pages162, 163, 167, and 168. New York: Wiley.