File:Vermoegenskonzentration im Zeitverlauf.png

Summary

Description
English: This graph shows the concentration of wealth caused by the compound interest effect over time. The population size is n=10000. The rates are drawn from a normal distribution with the parameters mu=0.05 and sigma=0.3.
Deutsch: Diese Grafik zeigt die durch den Zinseszinseffekt verursachte Vermögenskonzentration im Zeitverlauf. Die Populationsgröße beträgt n=10000. Die Raten werden aus einer Normalverteilung mit den Parametern mu=0,05 und sigma=0,3 gezogen.
Date
Source Own work
Author Majow
PNG development
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Source code
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Python code

# Entrepreneurs, Chance, and the Deterministic Concentration of Wealth
# Joseph E. Fargione, Clarence Lehman, Stephen Polasky
# https://doi.org/10.1371/journal.pone.0020728

import numpy as np
import scipy.stats as sts
import matplotlib.pyplot as plt

n, t = 10000, 200
mu, sigma = 0.05, 0.3
dn, cn = n // 10, n // 100

R = np.random.normal(mu, sigma, (n, t))
X = R.cumsum(axis=1)
Y = np.exp(X)

S = np.ones((n, 1))
K = np.concatenate((S, S*Y), axis=1)
K.sort(axis=0)

W_Total = K[0:n].sum(axis=0)
Q_Top10 = K[n-dn:n].sum(axis=0) / W_Total
Q_Top100 = K[n-cn:n].sum(axis=0) / W_Total

T = np.linspace(0, t, num=t+1)
P_Top10 = sts.norm.cdf(sigma*np.sqrt(T)-sts.norm.ppf(1-0.1))
P_Top100 = sts.norm.cdf(sigma*np.sqrt(T)-sts.norm.ppf(1-0.01))

fig, ax = plt.subplots(figsize=(10.0, 5.0))
fig.suptitle('Vermögenskonzentration im Zeitverlauf')
ax.set(xlabel='Zeit (Jahre)', ylabel='Vermögensanteil (100% = 1.0)')

ax.plot(Q_Top10, 'bo', markersize=4.0, label='Die oberen 10% der Population (Simulation)')
ax.plot(T, P_Top10, 'c', linewidth=2.0, label='Die oberen 10% der Population (Prognose)')
ax.plot(Q_Top100, 'bo', markersize=2.0, label='Die oberen 1% der Population (Simulation)')
ax.plot(T, P_Top100, 'c', linewidth=1.0, label='Die oberen 1% der Population (Prognose)')

ax.grid()
ax.legend()
plt.savefig("Vermoegenskonzentration_im_Zeitverlauf.png", dpi=150)

Licensing

I, the copyright holder of this work, hereby publish it under the following license:
Creative Commons CC-Zero This file is made available under the Creative Commons CC0 1.0 Universal Public Domain Dedication.
The person who associated a work with this deed has dedicated the work to the public domain by waiving all of their rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law. You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.

Category:CC-Zero#Vermoegenskonzentration%20im%20Zeitverlauf.png
Category:Self-published work Category:Compound interest Category:Wealth Category:German text
Category:CC-Zero Category:Compound interest Category:German text Category:PNG created with Matplotlib code Category:Self-published work Category:Wealth