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Equity Index Construction and Research on Wealth Gap (Paperback, 1st ed. 2019)
Loot Price: R1,483
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Equity Index Construction and Research on Wealth Gap (Paperback, 1st ed. 2019)
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This book constructs a Chinese Social Equality Index-the Mongoose
Social Equality Index-with the wealth gap index as its core, and
the legal equality index, the socio-cultural equality index, and
the financial equality index as its supplement. The book focuses on
the influence of the wealth gap on economic and social issues.
Empirical research shows that there are three turning points in the
influence of the wealth gap index on economic growth: discrepancy
turning point, golden turning point and destructive turning point.
Based on the latest data,the current expected wealth gap index in
China has surpassed the destructive point. This means that wealth
brought about by economic growth will largely go to the rich, which
aggravates inequality and even brings forth a potential economic
recession. Meanwhile, the index also indicates that, as the Chinese
economy develops, social equality has been on a noticeable decline.
This book will be of interest to economists, China watchers, and
political scientists
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