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Economics of wealth in the 21st century /
| Clasificación: | Libro Electrónico |
|---|---|
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Nova Science Publishers, Inc.,
[2011]
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| Colección: | Economic issues, problems and perspectives series.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- ECONOMICS OF WEALTH INTHE 21ST CENTURY; ECONOMICS OF WEALTH IN THE 21ST CENTURY ; CONTENTS ; PREFACE ; RECENT TRENDS IN HOUSEHOLD WEALTH IN THE U.S.: RISING DEBT AND THE MIDDLE CLASS SQUEEZE ; ABSTRACT ; 1. INTRODUCTION ; 2. DATA SOURCES AND METHODS ; 3. MEDIAN WEALTH ROSE BRISKLY DURING THE 2000S ; 4. WEALTH INEQUALITY SHOWS A MODEST INCREASE OVER THE EARLY 2000S ; 5. STOCKS REMAIN HIGHLY CONCENTRATED IN THE HANDS OF THE RICH ; A. Portfolio Composition by Wealth Class ; B. Concentration of Assets by Asset Type ; C. The "Middle Class Squeeze."
- 6. THE RACIAL DIVIDE REMAINS LARGELY UNCHANGED OVER TIME 7. WEALTH SHIFTS FROM THE YOUNG TO THE OLD ; 8. STOCK OWNERSHIP FIRST RISES AND THEN FALLS ; 9. AN UPDATE TO 2009 ; 10. SUMMARY AND CONCLUDING COMMENTS ; REFERENCES ; APPENDIX: DATA SOURCES AND METHODS ; WHEN THE MARKET DOES NOT DELIVER: AN INCLUSIVE GROWTH EXPERIMENT FALLS VICTIM TO WEALTH CONSTRAINTS ; ABSTRACT ; INTRODUCTION ; THE MODEL ; Economic Agents ; Set Of (Physical) Outcomes ; Utility Functions ; Special Restrictions ; THE IMPLIED GAME IN STRATIC FORM ; Strategies ; Payoff Functions.
- Nash Equilibria Of D(S, s) EXPLANATION OF THE STRATEGIC FORM GAME D ; RESULTS ; Policy Failure as Equilibrium Outcome ; Nash Equilibria ; INTERPRETATION ; CONCLUSION ; APPENDIX ; ABOUT THE AUTHOR ; REFERENCES ; CAN WE EXPLAIN AWAY THE BLACK-WHITE WEALTH GAP? ; ABSTRACT ; INTRODUCTION ; DATA AND METHODOLOGY ; FINDINGS FROM OLS REGRESSION MODELS ; CONCLUSION ; REFERENCES ; CONSILIENT APPROACHES TO MODELING WEALTH; Abstract; 1. Introduction; 2. The Energy-Organization Framework; 3. Early Literature; 3.1. The Mystery of Steam; 3.2. The 20th Century.
- 4. The Oil Crises: The Dawning of a New Era4.1. The Addendum Approach; 4.2. The Ecological Approach; 4.3. The Fundamentals Approach; 5. Insights from the Three Approaches; 5.1. Limits to Growth; 5.2. The Productivity Slowdown; 5.3. ICT and Growth; 5.4. R & D and Growth; 6. The Politics of Consilience; 6.1. Inertia; 6.2. Capital Determinism; 6.3. Fear of the Alternative; 7. Implications for Public Policy; 8. Summary and Conclusions; References; AREVIEW OF MODERN THEORIES OF WEALTH INEQUALITY; 1. Introduction; 2. Data; 3. The BasicModel with Random Earnings; 3.1. The Dynastic Model.
- 3.2. The Life-Cycle Model3.3. Intermediate Approaches; 4. Extensions; 4.1. Heterogeneous Investment Opportunities; 4.2. Alternative Preferences; 4.3. Social Programs; 5. Other Approaches; 6. Applications; References; WEALTH MANAGEMENT; 1. Introduction; 2. The PortfolioModel; 3. Ex Ante Valuation; 4. Ex Post Valuation; 5. Weakening the Growth Requirements; Appendix; References; THE DISTRIBUTION OF WEALTH IN THE UNITED STATES FROM 1983 TO 2004: INEQUALITY AND POLARIZATION1 ; ABSTRACT ; 1. INTRODUCTION ; 2. DATA SOURCES ; 3. METHODOLOGY.