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Topic: Distribution of wealth


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  HM Revenue & Customs: Distribution of Personal Wealth
The estate multiplier method is used to estimate the wealth of the living by regarding those who die in a year as a sample of the total population.
To arrive at estimates of the value and distribution of the wealth of the living the estates of those dying in each stratum are multiplied by the reciprocal of the mortality rate for that stratum.
In arriving at this distribution, the excluded wealth in trusts referred to in paragraph 15 is assigned to a proportion of the "identified" population.
www.hmrc.gov.uk /stats/personal_wealth/dopw_b_1.htm   (1843 words)

  
 The Science of Political Economy, Part IV, Chapter 1
In a logical division of the field of political economy, that which relates to the distribution of wealth is the final part.
What men choose to do with the wealth that is distributed to them may be of concern to them as individuals, or it may be of concern to the society of which they are a part, but it is of no concern to political economy.
From this it follows that our inquiry into the laws of the distribution of wealth is not an inquiry into the municipal laws or human enactments which either here and now, or in any other time and place, prescribe or have prescribed how wealth shall be divided among men.
www.henrygeorge.org /science/speIV_1.htm   (803 words)

  
 Wealth Transfer - Boston College
The authors of this study have used a version of their Wealth Transfer Microsimulation Model (WTMM) specially calibrated to the Washington, DC Metropolitan Area to derive findings concerning the level and distribution of household wealth, the amount and distribution of wealth transfer, and the amount and distribution of charitable giving in Washington, DC.
The authors of this study have used a version of their Wealth Transfer Microsimulation Model (WTMM) specially calibrated to the state of North Dakota to derive findings concerning the level and distribution of household wealth, the amount and distribution of wealth transfer, and the amount and distribution of charitable giving in North Dakota.
Analogous to its national estimate of $41 trillion of wealth transfer, the state and metropolitan area estimates are developed by microsimulation for 2% low growth, 3% medium growth, and 4% high growth scenarios.
www.bc.edu /research/swri/publications/by-topic/wealthtransfer   (911 words)

  
 WEALTH AND KNOWLEDGE
Wealth is formed by the mobilization of resource by individuals, businesses, institutions and nations, not by holding back such resources in the form of savings driven by the lure of earning interest.
Thereby, for wealth to be formed in the nation as a whole, the ownership of assets must lie with the ability of common income earners through enterprise.
The concept of distribution of wealth is thereby a two-pronged one.
faculty.uccb.ns.ca /mchoudhu/WEALTHANDKNOWLEDGE.htm   (7900 words)

  
 Distribution of wealth - Wikipedia, the free encyclopedia
Distribution of wealth is a comparison of the wealth of various members or groups in a society, and is one aspect of the economy and social structure.
The phrase "distribution of wealth" should not be confused with the phrase "redistribution of wealth".
Motivations for such limitations on wealth include the desire for equality of opportunity, a fear that great wealth leads to political corruption, to gain the political favor of a voting bloc, or fear that extreme concentration of wealth results in a limited consumer base.
en.wikipedia.org /wiki/Distribution_of_wealth   (867 words)

  
 Wealth - Wikipedia, the free encyclopedia
The opposite of wealth is scarcity, the opposite of richness is poverty.
The shift from the analysis of an individual's wealth to the concept of an aggregation of all men is implied in the concepts of political economy and then economics.
Different societies have different opinions about wealth distribution and about the obligations related to wealth, but from the era of the tribal society to the modern era, there have been means of moderating the acquisition and use of wealth.
en.wikipedia.org /wiki/Wealth   (3446 words)

  
 Wealth Happens - Wealth Distribution and the Role of Networks - HBS Working Knowledge
The important point is that the distribution (at the wealthy end, at least) follows a strikingly simple mathematical curve illustrating that a small fraction of people always owns a large fraction of the wealth.
The finding suggests that the basic inequality in wealth distribution seen in most societies may have little to do with differences in the backgrounds and talents of their citizens.
In a Pareto distribution, the factor by which the number of people declines as wealth increases remains constant in any particular country, but the factor itself is different in different countries.
hbswk.hbs.edu /archive/2906.html   (1804 words)

  
 Halfbakery: Wealth Distribution Index   (Site not responding. Last check: 2007-09-07)
This index would be a single value that would indicate how evenly distributed a country's wealth is. At one end of the scale would be a country where one person holds all the wealth; at the other end, a country where everyone has exactly the same net worth.
The economics of wealth and income distribution is a largish and well-developed field and, if you chose to, you could wallow every day for a year in fresh baths of papers and textbooks on the subject.
High concentrations of wealth, though, are held to be a bad thing by people who think it is nicer to have a lot of comfortable people than many poor, miserable ones and a few rich ones.
www.halfbakery.com /idea/Wealth_20Distribution_20Index   (2020 words)

  
 Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004
Although there was growth from 1989 to 2004 at the 10th, 25th, 75th and 90th percentiles, the ratio of the 75th and 90th percentiles of the wealth distribution to the value of the 25th percentile declined over the period with considerable variation within the period.
Another common indicator of the distribution of wealth is the Gini coefficient, which is defined in terms of the Lorenz curve, a graph of the cumulative percent of wealth against the cumulative percent of families, where the families are sorted by wealth.
In 2004, the proportion of families that routinely spent at least as much as their income declines across wealth percentile groups — from 42.7 percent in the bottom quartile of the wealth distribution to 5.9 percent in the highest one percent of the distribution (table 6).
www.wealthandwant.com /issues/wealth/Currents_Undercurrents_8904.htm   (7290 words)

  
 US Led a Resurgence Last Year Among Millionaires World-Wide - Social and Economic Policy - Global Policy Forum   (Site not responding. Last check: 2007-09-07)
Underscoring the concentration of wealth among the very rich, a study last fall by Arthur Kennickell of the Federal Reserve Board shows the nation's wealthiest 1% owned about $2.3 trillion in stocks, or about 53% of all individually or family-held shares.
The number of ultra-high-net-worth individuals is expected to grow 7% a year during the next few years, the report says, and the total global wealth of financial millionaires is expected to hit $40.7 trillion by 2008, up from $28.8 trillion in 2003.
The wealth held by ultra-high-net-worth individuals rose to $2.5 trillion in 2002 from $2.2 trillion in 2002.
www.globalpolicy.org /socecon/inequal/2004/0615millionaires.htm   (1554 words)

  
 Distributing the booty
But it's not very user-friendly to present the wealth distribution numbers only as an appendix to a complex paper explaining how they were arrived at.
These distributions are based on sorting households by their total net worth.
Nonpension wealth, though, usually provides an income today, and can be sold and transformed into anything a rentier desires - a vacation house, a German government bond, a short position in the Thai baht, or even a real business.
www.leftbusinessobserver.com /Wealth_distrib.html   (964 words)

  
 Discussion
The Hartger paper suggests that the distribution of wealth in America is unjust and unfair.
The Morrow paper suggests that the distribution of health care is unjust and unfair, and the Weldon paper would suggest that underrepresented groups, oppressed, marginalized and exploited groups' concerns are not addressed in the policy-making process and thus the underlying policy is unfair.
I used that guidepost to plan a sequence of small adjustments to the wealth distribution, and I suggested that the guidepost itself should be reevaluated at each intermediate step.
webpages.charter.net /hartgers/wealth/discussion.html   (2619 words)

  
 NetLogo Models Library: Wealth Distribution
We rank the population by their wealth and then plot the percentage of the population that owns each percentage of the wealth (e.g.
The corresponding plot on the x-axis is the proportion of the wealth that this individual with ranking 20 owns along with the wealth owned by the all the individuals with lower rankings (from rankings 1 to 19).
For a numerical measurement of the inequity in the distribution of wealth, the Gini index (or Gini coefficient) is derived from the Lorenz curve.
ccl.northwestern.edu /netlogo/models/WealthDistribution   (1526 words)

  
 United States / Wealth Distribution Statistics
As of 1995 (the latest figures available), Federal Reserve research found that the wealth of the top one percent of Americans is greater than that of the bottom 95 percent.
Wealth projections through 1997 suggest that 86 percent of stock market gains between 1989 and 1997 went to the top ten percent of households while 42 percent went to the most well-to-do one percent.
The median financial wealth of African-Americans (net worth less home equity) is $200 (one percent of the $18,000 for whites) while that of Hispanics is zero.
www.cooperativeindividualism.org /wealth_distribution1999.html   (1114 words)

  
 Wealth (re)Distribution | TPMCafe
From the point of view of economic efficency taxing wealth is one of the best ways to raise revenue with the smallest negative impact on the actual life styles or standard of living of the population.
In this, wealth and its pursuit are a shackle on rich and poor, draining their life as the wrong pursuit in a game based on premises that ask the wrong questions about the meaning of life.
The spiritual arguments against wealth accumulation are not only for a just social structure, but for the spiritual well-being of those who might otherwise choke on the preoccupations that come with acquisition and holding material wealth.
www.tpmcafe.com /node/27132   (10002 words)

  
 Selection From Gandhi : Complete Book Online
Indeed at the root of this doctrine of equal distribution must lie that of the trusteeship of the wealthy for superfluous wealth possessed by them.
As for the present owners of wealth they would have to make a choice between class war and voluntarily converting themselves into trustees of their wealth.
They would be allowed to retain the stewardship of their possessions and use their talent to increase the wealth, not for their own sakes, but for the sake of the nation and therefore without exploitation.
www.mkgandhi.org /sfgbook/sixth.htm   (5529 words)

  
 Wealth   (Site not responding. Last check: 2007-09-07)
Solid evidence on the size distribution of family wealth in the United States has long been scarce, but over the last decade researchers have begun outlining a few of its more salient descriptive features.
The top 1 percent of wealth owners own about 40 percent of all wealth, and this group enjoyed the vast majority of all increases in financial wealth during the 1980s and 1990s.
The purpose of my work on wealth accumulation and distribution is to improve our understanding of wealth distribution, to provide detailed accounts of patterns of wealth accumulation, and to analyze the processes that have created these patterns.
www.sociology.ohio-state.edu /lak/wealth.html   (350 words)

  
 Objects of the Distribution of Wealth
For, Allâh has made it obligatory on all those producers of wealth among whom wealth is in the first place distributed that they should pass on to them some part of their wealth.
Beyond this, wherever human intervention is needed for the production of wealth and a man produces some kind of wealth by deploying his resources and labor, Islâm gives due consideration to the resources and labor thus deployed, and recognizes that man’s right of property in the wealth produced.
Of these three objects of the distribution of wealth, the first distinguishes Islâmic economy from Socialism, the third from Capitalism, and the second from both at the same time.
ccminc.faithweb.com /iqra/articles/distrw/04objects.html   (1454 words)

  
 Marginal Utility: Distribution of Wealth Update!
I think I'd rather look at the distribution of wealth than this 'net worth' picture that purports to tell us something about how our nesteggs generally are doing.
Could be that we have not done as well as the previous 2 periods, but we hikers want to see the topographical map: the one that shows how the ranks have swollen on the downside and thinned on the upside.
There is some distribution data in the article (some of which is graphed in the post linked in the update), though there's so much inequality in the top percentiles, it's hard for it to show the whole inequality picture.
atbozzo.blogspot.com /2006/02/distribution-of-wealth-update.html   (635 words)

  
 Internet Archive: Details: America's Distribution of Wealth
The lecturer attempts to demonstrate that the wealth of Americans is relatively equally distributed.
The intent is to show the income distribution curve, but the presenter conveniently places all the people in the highest income category at the minimum income level for that group.
Or is the wealth in the hands of a few?" Before we can soundingly agree to the second option, he finishes with "as the Socialists and Communists seem to say".
www.archive.org /details/Americas1955   (1047 words)

  
 Wealth Distribution in U.S. Unacceptably Unequal
Most people have no idea that the vast bulk of the wealth of the United States is in the hands of a relative handful of people.
The wealth distribution chart below shows that the top 1% own 38.1% of the wealth in the country, the next 4% own 21.3%, and the next 5% own 11.5%.
It's so far from any type of fairness as to be laughable, were it not a direct cause of certain segments of our society lacking adequate resources for food, clothing, shelter, medical care and other necessities, let alone any amenities of a beyond-subsistence life.
www.therationalradical.com /dsep/wealth-distribution.htm   (285 words)

  
 The L-Curve: A Graph of the US Income Distribution
The distribution of wealth is even more skewed.
If we divide the wealth of the US into thirds, we find that the top one percent own a third, the next nine percent own another third, and the bottom ninety percent claim the rest.
The published wealth of billionaires is typically estimated by their holdings in their own companies.
www.lcurve.org   (1799 words)

  
 US Wealth Distribution Data (1998)
Wealth distribution in the U.S. is extremely concentrated, much more so than income.
If you add them together and proportion them out, 3/4 of the wealth in the top 1% is actually in the top 0.5%.
Household distribution of common stocks in 1998 (i.e.
www.lcurve.org /WealthDistribution-1998.htm   (182 words)

  
 SSRN-Reexamining the Distribution of Wealth in 1870 by Joshua Rosenbloom, Gregory Stutes
SSRN-Reexamining the Distribution of Wealth in 1870 by Joshua Rosenbloom, Gregory Stutes
This paper uses data on real and personal property ownership collected in the 1870 Federal Census to explore factors influencing individual wealth accumulation and the aggregate distribution of wealth in the United States near the middle of the nineteenth century.
Rosenbloom, Joshua L. and Stutes, Gregory W., "Reexamining the Distribution of Wealth in 1870" (July 2005).
papers.ssrn.com /soL3/papers.cfm?abstract_id=760175   (442 words)

  
 Inequality of Wealth and Income Distribution - Social and Economic Policy - Global Policy Forum   (Site not responding. Last check: 2007-09-07)
Stock market gains and tax cuts for the affluent bolstered the wealth of the richest portions of the world's population last year.
The article alludes to continuing lopsided growth and an increasing wealth distribution gap.
Inequality.org seeks to illuminate the causes and consequences of the growing inequality of wealth, income, power and opportunity in the US and to move this critical national problem onto the front burner of US politics and public discourse.
www.globalpolicy.org /socecon/inequal/indexinq.htm   (3468 words)

  
 Entrepreneurship, Bequests and the Distribution of Wealth (SMEALSearch) -   (Site not responding. Last check: 2007-09-07)
Entrepreneurs are a small fraction of the population, but hold a large share of total wealth.
We construct and solve numerically a life cycle optimizationmodelwith intergenerationaltransmissionof wealth to study the choice of starting an entrepreneurial activity, and its e ect on the distribution of wealth in the population.
0.3: Inequality and Mobility of Wealth in Sweden 1983/84 - 1992/93 - Lars Bager-Sjgren And (1997)
gunther.smeal.psu.edu /6771.html   (252 words)

  
 The Stationery Distribution of Wealth with Random Shocks
The transfer function shows what k_{t+1} - wealth at t+1 - would be, given k_t, with no shock: It has a positive slope, but its concavity/convexity is indeterminate.
The stationary distribution of wealth satisfies a Fredholm integral equation.
This distribution can be examined by direct analysis of the wealth-accumulation stochastic process and via the Fredholm equation.
ideas.repec.org /p/nuf/econwp/0206.html   (571 words)

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