Year: 2009
Type: article
Abstract: In this work we use an inelastic scattering process of particles to propose a model able to reproduce the salient features of the wealth distribution in an economy by including taxes to each trading process and redistributing that collected among the population according to a given criterion.Additionally, we show that different optimal levels of taxes may exist depending on the redistribution criterion.
Author: Sebastian Guala
Institution: National University of General Sarmiento
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2124851498