“…Since the publication of Vilfredo Pareto's pioneering work on income distribution in the late nineteenth century many additional studies have been carried out to empirically verify the Pareto law for both individuals and households. These analyses were carried out for the United States [3][4][5][6][7][8][9][10][11], the European Union [6,11,12], the UK [3,5,7,8,13], Germany [3], Italy [14,15], France [7], Switzerland [16], Sweden [8], Japan [9,[17][18][19][20], Australia [14,21], Canada [22], India [22,23], Sri Lanka [22], Peru [16], Egypt [22], South Korea [24], Romania [25], Portugal [22], Poland [6,26], and for the world as a whole [27,28].…”