Reducing wealth inequality in a simple statistical model of macro-economy

Statistical Physics and Complexity Group meeting

Reducing wealth inequality in a simple statistical model of macro-economy

  • Event time: 11:30am until 12:30pm
  • Event date: 23rd November 2016
  • Speaker: Professor Zdzislaw Burda (AGH (Krakow))
  • Location: Room 2511,

Event details

Using an agent-based model of macro-economy
(a variant of the Bouchaud-Mezard model) we address
the issue of reducing wealth inequality through taxation.
The study is motivated by the famous book 'Capital in the

Twenty-First Century' by Thomas Piketty.