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Wealth inequality and wealth effect

机译:财富不平等和财富效应

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摘要

In an artificial financial market without real growth, extreme income inequality produces extreme wealth inequality via accumulation. An agent-based model is built to study to what extent a strong tax policy can affect this process. Wealth effect is defined as a positive impact of current wealth on future wealth growth. When wealth effect exists, the appearance of extreme wealth inequality is inevitable.
机译:在没有实际增长的人为金融市场中,极端的收入不平等会通过积累产生极端的财富不平等。建立基于代理的模型以研究强有力的税收政策在多大程度上可以影响此过程。财富效应被定义为当前财富对未来财富增长的积极影响。当存在财富效应时,极端的财富不平等现象不可避免。

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