Power Laws in Economics: An Introduction

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Pareto Models, Top Incomes, and Recent Trends in UK Income Inequality (2017, neutral): “My findings are relevant to analysis of other heavytailed distributions such as wealth (Shorrocks et al. 2015, Vermeulen 2014), and city and firm size (Eeckhout 2004; Gabaix 2009, 2016).”
Quantile Connectedness: Modeling Tail Behavior in the Topology of Financial Networks (2022, background): “In the large majority of cases, the conditional mean estimate of the and Tahbaz-Salehi (2012) and Gabaix (2016), for example.”
Development Research at High Geographic Resolution: An Analysis of Night-Lights, Firms, and Poverty in India Using the SHRUG Open Data Platform (2021, background): “Economic activity is often highly agglomerated and firm-size distributions are known to follow power laws (Ellison and Glaeser 1997; Gabaix 2016).”