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recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
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Many authors underlined the convergence of financial structures towards a model which combines elements of the Anglo Saxon one, where markets prevail, with characteristics of the continental European systems, where intermediaries are predominant. The goal of this paper is to study financial...
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Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its GDP … SNA wealth accounts are incomplete, with the most obvious omission being human capital. Estimating the value of human … human capital in total wealth of 62% – four times the value of produced capital and 15 times the value of natural capital …
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