Inequality amongst the wealthiest and its link with economic growth

C-Tier
Journal: Applied Economics
Year: 2012
Volume: 44
Issue: 22
Pages: 2851-2858

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this article, we correlate the key features of the distribution of wealth of the 500 wealthiest individuals in the Netherlands with economic growth and stock market returns for the period 1998 to 2009. We show that each year the distribution obeys a power law and that the key parameter measures the degree of inequality. Our main finding is that more inequality amongst the wealthiest is associated with higher economic growth.

Technical Details

RePEc Handle
repec:taf:applec:44:y:2012:i:22:p:2851-2858
Journal Field
General
Author Count
2
Added to Database
2026-01-25