聖塔非研究所

摘要 經濟 growth is measured as the rate of relative cha

2020 · 已發表論文 · 更新 2026/08/30 下午12:48

摘要 經濟 growth is measured as the rate of relative change in gross domestic product (GDP) per capita. Yet, when incomes follow random multiplicative growth, the ensemble average (GDP per capit…

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論文資訊

  • 類型:已發表論文
  • 日期:2020

摘要

經濟 growth is measured as the rate of relative change in gross domestic product (GDP) per capita. Yet, when incomes follow random multiplicative growth, the ensemble-average (GDP per capita) growth rate is higher than the time-average growth rate achieved by each individual in the long run. This 數學 fact is the starting point of 遍歷ity 經濟s. Using the atypically high ensemble-average growth rate as the principal growth measure creates an in- complete picture. Policymaking would be better informed by reporting both ensemble-average and time-average growth rates. We analyse rigorously these growth rates and describe their 演化 in the United States and France over the last fifty years. The difference between the two growth rates gives rise to a natural measure of income 不平等, equal to the mean log-a

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