Gini 系数在 AS 就非常简单,了解它的意义就够了,它是被统计出来 indicate 一个国家的 income distribution equality 的程度的,也就是数值越高,越inequality,数值越低越 equality,比如 Gini 0.5 的国家就比 0.4 的要 inequal。数值是通过面积算出来...
Income Inequality Nothing Compared to Wealth Inequality in Canada: ReportExclusive super-rich club getting richer--OTTAWA - While politicians in Ottawa still can't decide...Beltrame, Julian
With apologies to Bentham, income inequality data is nonsense, and wealth inequality data is nonsense on stilts. It’s all about consumption. Yglesias’ post was entitled “Poor People Are Much Poorer Than You Think.” Actually, if you are an observant person, and ignore the data, economic i...
So, why should we care that wealth inequality is so much greater than even the historic levels of income inequality? While inequality is a natural result of competitive, capitalist economies, there’s plenty of evidence that shows that extreme levels of inequality is bad for business. For instan...
INCOME AND WEALTH INEQUALITY According to the Federal Reserve, in 1990 the richest 1 percent of America owned 40 percent of its wealth -- the greatest level of inequality among all rich nations, and the worst in U.S. history since the Roaring Twenties. Furthermore, the richest 20 percent ...
The actual income inequality is greater, because inequality is not just due to life-cycle effects. 2. Inflation: Suppose you are the richest guy in the world, owning $100 billion in Microsoft stock. You cash out and decide to live off the interest. To avoid inflation risk, you put it ...
In the first chapter, I study the consequences of redistribution on economic inequality in the presence of human capital risk using an overlapping generations model. I find redistributions financed by taxation could be inequality enhancing if we consider lag effect and general equilibrium effect of ta...
First, let cover some definitions related to economic inequality: Wealth and Income Inequality: The terms generally describes the gap in wealth and income respectively (where income is a short term measure and wealth is a measure of capital assets over time) between labor and capital, between sup...
Many factors affect the distribution of wealth and income, including global markets and government policy. Take a closer look at the causes of wealth inequality, the implications of government policies, economic markets, and how distributed wealth is normalized through administrative proce...
In addition, controlling the income inequality, by progressive taxation, for example, is found to have a very small effect on wealth inequality in the short run. The results imply, therefore, that controlling income inequality is an impractical tool for regulating wealth inequality. 展开 ...