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EXTRAORDINARY WEALTH, GLOBALIZATION, AND CORRUPTION

机译:非同寻常的财富,全球化和腐败

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摘要

The billionaires of the world attract significant attention from the media and the public. Surprisingly, only a limited number of studies have explored empirically the determinants of extraordinary wealth. Using a large dataset we investigate whether globalization and corruption affect extreme wealth accumulation. We find evidence that an increase in globalization increases super-affluence. In addition, we also find that an increase in corruption leads to an increase in the creation of super fortune. This supports the argument that in kleptocracies large sums are transferred into the hands of a small group of individuals.
机译:世界的亿万富翁引起了媒体和公众的极大关注。令人惊讶的是,只有很少的研究从经验上探索了超常财富的决定因素。使用大型数据集,我们研究了全球化和腐败是否会影响极端的财富积累。我们发现,全球化的增加增加了超级富裕。此外,我们还发现,腐败的增加导致超级财富的创造增加。这支持这样的论点,即在盗窃案中,大笔款项被转移到一小群人的手中。

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