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Neighborhood wealth distributions [PDF]
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Yannis M. Ioannides, Tracey N. Seslen
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A Model of Wealth Distribution
Econometrica, 1979The paper presents a model of wealth distribution that makes use of Gibrat's law of proportionate effect to explain the way wealth is distributed and how the distribution changes over time. The stochastic factor in each period is shown to be the result of deliberate choices by individual decision makers regarding their savings, investment, and bequests,
Pestieau, Pierre, Possen, Uri M
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2014
China’s surging economy has led to a dramatic decline in poverty but has also fostered huge disparities in wealth distribution. According to World Bank, the poverty rate (people living on less than US$1.25 a day) fell from 85 % to 14 % between 1981 and 2005, indicating that 600 million people climbed out of poverty.
Henk R. Randau, Olga Medinskaya
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China’s surging economy has led to a dramatic decline in poverty but has also fostered huge disparities in wealth distribution. According to World Bank, the poverty rate (people living on less than US$1.25 a day) fell from 85 % to 14 % between 1981 and 2005, indicating that 600 million people climbed out of poverty.
Henk R. Randau, Olga Medinskaya
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Model Uncertainty and Wealth Distribution
2019Les auteurs étudient les implications de l’incertitude de modèle pour la distribution de la richesse dans un modèle d’équilibre général maniable intégrant une contrainte d’emprunt et une robustesse à la Hansen et Sargent (2008). Les ménages sont confrontés à l’incertitude de modèle liée au processus qui détermine le rendement de l’actif risqué, et ...
Djeutem, Edouard, Xu, Shaofeng
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Conformism and Wealth Distribution [PDF]
This paper explores the role of consumption externalities in a neoclassical growth model in which households have heterogeneous preferences. We fi?nd that the degree of conformism in consumption held by each household signifi?cantly affects the speed of convergence of the aggregate economy as well as the patterns of wealth distribution in the steady ...
Kazuo MIno, Yasuhiro Nakamoto
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Journal of Economic Issues, 2006
(2006). The Distribution of Wealth. Journal of Economic Issues: Vol. 40, No. 1, pp. 226-228.
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(2006). The Distribution of Wealth. Journal of Economic Issues: Vol. 40, No. 1, pp. 226-228.
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2004
The Distribution of Wealth is the first book to provide a comprehensive treatment of the personal distribution of wealth. Michael Schneider uses data from fifteen countries to demonstrate how inequality in the distribution of wealth both varies between different parts of the world and changes over time, before going on to discuss why the distribution ...
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The Distribution of Wealth is the first book to provide a comprehensive treatment of the personal distribution of wealth. Michael Schneider uses data from fifteen countries to demonstrate how inequality in the distribution of wealth both varies between different parts of the world and changes over time, before going on to discuss why the distribution ...
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