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首页> 外文期刊>Review of Income and Wealth >MEASURING THE LEVEL AND INEQUALITY OF WEALTH: AN APPLICATION TO CHINA
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MEASURING THE LEVEL AND INEQUALITY OF WEALTH: AN APPLICATION TO CHINA

机译：衡量财富水平和不平等：在中国的应用

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摘要

We construct and compare three distinct measures of household asset wealth that complement traditional income- or expenditure-based measures of socioeconomic status. We apply these measures to longitudinal household survey data from China and demonstrate that household asset wealth has been increasing over time, a theme consistent with many previous studies on the process of development in China. Unlike other studies that have shown rising income inequality over time, however, we show that asset wealth inequality has actually been declining in recent years, indicating widespread participation in the benefits of economic reforms. Furthermore, the evolution in the cumulative distribution of household welfare is such that social welfare has been increasing with the passage of time, despite rising inequality in the early years of the survey.
机译：我们构建并比较了三种不同的家庭资产财富度量，以补充传统的基于收入或支出的社会经济状况度量。我们将这些措施应用于来自中国的纵向家庭调查数据，并证明了家庭资产财富随着时间的推移一直在增加，这一主题与先前对中国发展过程的许多研究相一致。但是，与其他研究表明收入不平等随着时间的推移而上升的情况不同，我们表明资产财富不平等实际上在近年来有所下降，这表明人们广泛参与了经济改革的收益。此外，尽管调查初期的不平等现象加剧，但家庭福利累积分布的演变使得社会福利随着时间的流逝而不断增加。

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