Furthermore, the impact of wealth inequality on mental health has also been investigated43,44,45. Wealth inequality and income inequality are different (Note 1): income represents the money received on a regular basis, while wealth represents the money or properties owed over a lifetime. However...
climate changeinequalitywealtheconomic growthRecently, economist Thomas Piketty has used the steady state capital-to-income ratio to track the aggregate wealth to income ratio over the past three centuriesdoi:10.2139/ssrn.2889438Panagiotis Tsigaris...
Wealth and income are disproportionately distributed among the global population. This has direct consequences on consumption patterns and consumption-based carbon footprints, resulting in carbon inequality. Due to persistent inequality, millions of people still live in poverty today. On the basis of glob...
While Baradaran admits that it is not a complete solution to the issue of the racial wealth gap, she says the nature of that arrangement requires a much more concentrated effort, one that would go a long way in providing some assistance to theestimated 25% of the Black populationthat is cu...
Van Rooij et al. (2012) confirm the positive effect of financial literacy on household wealth in the Netherlands. Sekita et al. (2022) also find the same result in Japan. Meanwhile, financial illiteracy is a crucial predictor of wealth inequality (Jappelli & Padula,2013; Lusardi et al.,201...
[19], among others. In this scenario, the relevance of this study emerges given that traditional cuisine is a non-tangible cultural heritage that represents the identity of a people, transmitted from one generation to another, and referring to the cultural wealth of communities and the ...
To address this gap, we evaluate the determinants of participation in a conservancy PES-like scheme and its impacts on household wealth. We focus on the distributive equity of conservancies by looking at the distribution of wealth across participant and non-participant households. We also assess...
Using a lower discount rate for VSL would increase the relative importance of air pollution reduction with respect to other objectives. In that case the marginal rate of substitution between wealth and survival probability does not follow the same path as the regional welfare function. This might ...
This region is one of the regions most sensitive to climate change because of its location and dry environment. Even though nations in the NA area have distinct political and social frameworks, access to natural resources, and wealth levels, the region is bound by major environmental issues and...
28. Wealth inequality is even greater than income inequality. The world’s 2,153 billionaires own more wealth than the bottom 60% of the world population29. Wealth inequality affects both the Global North (for example, the richest 10% in the OECD countries own as much wealth as the poorest...