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Journal articles on the topic 'Public Wealth'

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1

Sverdan, Mykhailo. "ECONOMICS AND TAXATION OF WEALTH." Three Seas Economic Journal 1, no. 4 (2020): 126–32. http://dx.doi.org/10.30525/2661-5150/2020-4-18.

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The purpose of the paper is to study current issues of wealth, which is due to current sustainable trends in wealth growth and increasing the number of wealthy individuals. The aim is to determine the essence, prerequisites for the emergence and development of wealth, as well as to reflect the historical aspects of the evolution of wealth and its current state. The topic of the article is caused by the need to reveal the modern social stratification of population by the level of wealth, the formation of a wealthy class of society and its growth, the processes of creating and increasing wealth.
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2

Kantola, Anu, and Hanna Kuusela. "Wealth Elite Moralities: Wealthy Entrepreneurs’ Moral Boundaries." Sociology 53, no. 2 (2018): 368–84. http://dx.doi.org/10.1177/0038038518768175.

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This article examines the moral boundary work of wealthy Finnish entrepreneurs belonging to the country’s top 0.1 per cent of earners. Through 28 semi-structured interviews, we show how these members of the wealth elite construct moral boundaries to legitimise their growing distance from other income groups in a Nordic welfare society. The super-rich entrepreneurs construct self-identities based on hard work, persistence and normality, draw moral boundaries between lazy and hard-working people and create moral distance between themselves and wage earners, the unemployed and public-sector worke
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Ford, N. "Public health and company wealth." BMJ 326, no. 7402 (2003): 1296. http://dx.doi.org/10.1136/bmj.326.7402.1296.

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4

Sverdan, Mykhailo. "SOCIAL AND ECONOMIC JUSTIFICATION OF WEALTH." Economics & Education 7, no. 4 (2022): 35–40. http://dx.doi.org/10.30525/2500-946x/2022-4-5.

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The purpose of the paper is to study current issues of wealth, which is due to current sustainable trends in wealth growth and increasing the number of wealthy individuals. The aim is to determine the nature, prerequisites for the emergence and development of wealth, as well as to reflect the historical aspects of the development of wealth and its current state. The topic of the article is caused by the need to reveal the modern stratification of social strata by the level of wealth, the formation of a wealthy class of society and its growth, the processes of creation and increase of wealth. A
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5

De Vita, Glauco, Yun Luo, K. Sandar Kyaw, and Kexing Li. "Do higher public and private debt levels benefit the wealthy? An empirical analysis of top wealth shares in the UK." Journal of Economic Studies 51, no. 9 (2024): 338–57. http://dx.doi.org/10.1108/jes-07-2024-0458.

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Purpose Despite the concomitant rise in recent decades in both debt levels (public as well as private) and wealth inequality, empirical evidence on the relationship is absent in existing literature. This is striking especially since recent theoretical contributions point to a link between debt and wealth inequality. We contribute to the debate by investigating empirically whether higher levels of UK public and household debt increase the UK wealth concentration at the top 1 and 10% of the wealth distribution.Design/methodology/approach We employ the Autoregressive Distributed Lag (ARDL) cointe
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Sverdan, Mykhailo. "THE ECONOMIC BASIS OF WEALTH AND ITS TAXATION." Three Seas Economic Journal 2, no. 4 (2021): 56–62. http://dx.doi.org/10.30525/2661-5150/2021-4-10.

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The purpose of this paper is to examine the current problems of wealth, which is due to the current steady trends of increasing wealth and the increasing number of wealthy people. The aim of the paper is to define the essence, prerequisites for the emergence and development of wealth, as well as to reflect the historical aspects of the evolution of wealth and its present state. The topic of the article is conditioned by the necessity to reveal modern stratification of social strata by the level of wealth, formation of society's wealthy class and its growth, processes of wealth creation and mul
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7

Gonguet, Fabien, and Klaus-Peter Hellwig. "Public Wealth in the United States." IMF Working Papers 19, no. 139 (2019): 1. http://dx.doi.org/10.5089/9781498312219.001.

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We analyze the US public sector balance sheet and project it forward under the assumption that current policies remain in place. We first document the history of the balance sheet and its components since World War II, with a detailed account of its evolution during and after the global financial crisis. While, based on assets and liabilities alone, public sector net worth is negative, additional challenges arise from commitments to future spending implied by current legislation and demographic trends. To quantify the risks to the balance sheet, we then apply the macroeconomic scenarios from t
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8

Feachem, Richard G. A., and Carol A. Medlin. "Global public goods: Health is wealth." Nature 417, no. 6890 (2002): 695. http://dx.doi.org/10.1038/417695a.

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9

The Lancet. "Trading public health for private wealth." Lancet 356, no. 9246 (2000): 1941. http://dx.doi.org/10.1016/s0140-6736(00)03299-2.

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10

Barseghyan, Levon, and Stephen Coate. "Community development by public wealth accumulation." Journal of Urban Economics 121 (January 2021): 103297. http://dx.doi.org/10.1016/j.jue.2020.103297.

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11

Crossley, Thomas F., and Cormac O'Dea. "Household Wealth Data and Public Policy." Fiscal Studies 37, no. 1 (2016): 5–11. http://dx.doi.org/10.1111/j.1475-5890.2016.12090.

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12

Haynes, Michael. "Editorial: Public health and public wealth – an introduction." International Journal of Management Concepts and Philosophy 4, no. 2 (2010): 119. http://dx.doi.org/10.1504/ijmcp.2010.034873.

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13

Wyly, Elvin, and James DeFilippis. "Mapping Public Housing: The Case of New York City." City & Community 9, no. 1 (2010): 61–86. http://dx.doi.org/10.1111/j.1540-6040.2009.01306.x.

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In American popular discourse and policy debates, “public housing” conjures images of “the projects”—dysfunctional neighborhood imprints of a discredited welfare state. Yet this image, so important in justifying deconcentration, is a dangerous caricature of the diverse places where low–income public housing residents live, and it ignores a much larger public housing program—the $100 billion–plus annual mortgage interest tax concessions to (mostly) wealthy homeowners. in this article, we measure three spatial aspects of assisted housing, poverty, and wealth in New York City. First, local indica
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14

Domenichelli, Oscar, and Camilla Mazzoli. "Reconciling Socioemotional Wealth with Financial Wealth in Family Firm IPOs." International Journal of Economics and Finance 16, no. 7 (2024): 73. http://dx.doi.org/10.5539/ijef.v16n7p73.

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The aim of this paper is to shed light on whether initial public offering (IPO) share pricing as a strategic decision in family firms going public is impacted by socioemotional wealth (SEW). Previous literature maintained that family firms accept higher costs in terms of IPO underpricing (UP) than nonfamily firms to preserve their SEW, yet disregarding the incomplete information that UP provides. The authors contribute to existing literature on family-firm effect on the IPO pricing by embedding the primary market pricing perspective in the UP analysis. This study documents that family firms do
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15

McCormick, John P. "Oligarchy by Jeffrey A. Winters." Perspectives on Politics 10, no. 1 (2012): 137–39. http://dx.doi.org/10.1017/s1537592711004294.

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In democracies, the rich protect their freedom with wealth, and the people protect theirs with laws. This notion, associated with Demosthenes in classical Athens, and revived by Leonardo Bruni in republican Florence, imputes a roughly fair equilibrium to popular government: Private wealth and public institutions, so the truism goes, combine in democracies to ensure that both wealthy and common citizens live with fewer arbitrary restrictions on their behavior than in any other kind of regime.
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16

Foy, George E. "Public Wealth and Private Riches: Past and Present." Journal of Interdisciplinary Economics 3, no. 1 (1989): 3–10. http://dx.doi.org/10.1177/02601079x8900300102.

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The classical economists defined national wealth as the sum of goods with exchange value. Lauderdale, a contemporary of Adam Smith, drew a distinction between private riches, the classical definition, and public wealth, the sum of all goods with use value. Public wealth included abundant environmental goods such as clean air and water. Lauderdale maintained that private riches could expand due to the scarcity of formerly free, but unmeasured public wealth. Hence the classical measure of wealth would give a misleading indication of the total goods available to society under conditions of enviro
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17

Sverdan, Mykhailo. "WEALTH: THE ECONOMIC PREREQUISITES OF TAXATION." Three Seas Economic Journal 2, no. 1 (2021): 71–77. http://dx.doi.org/10.30525/2661-5150/2021-1-12.

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The purpose of the paper is to study the economic issues of wealth, which is the rationale and basis for the introduction of a wealth tax. This is due to current sustainable trends in wealth growth and an increase in the number of wealthy individuals. The aim is to determine the economic content, preconditions for the emergence and spread of wealth, to reflect the historical aspects of the development of wealth and its current state, to determine market conditions for the availability of wealth. At the same time, the goal is also the economic justification of wealth from the standpoint of the
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18

Garrett, Terence M. "Trying to Save the Garden: What if “Rat Choice” Hadn’t Invaded Public Policy and Public Administration? A Public Administration Satire." Public Voices 8, no. 1 (2016): 40. http://dx.doi.org/10.22140/pv.188.

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In the following satire, the author argues that an obnoxious pest has overtaken traditional public administration and is known by a variety of different names including “public choice,” “rational choice,” and “principal-agent theory” (all collectively known here as ‘rat choice’) that has invaded the “garden” of public administration and policy. What if a super-potent rodent killer had been developed to suppress the loss and damage of the fruits and vegetables in the garden? A more truly democratic administration may have been more firmly established in the 20th Century. Public policies today a
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19

Lachowska, Marta, and Michał Myck. "The Effect of Public Pension Wealth on Saving and Expenditure." American Economic Journal: Economic Policy 10, no. 3 (2018): 284–308. http://dx.doi.org/10.1257/pol.20150154.

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This paper examines the degree of substitution between public pension wealth and private saving by studying Poland’s 1999 pension reform. The analysis identifies the effect of pension wealth on private saving using cohort-by-time variation in pension wealth induced by the reform. The estimates, which are based on the 1997–2003 Polish Household Budget Surveys, show that 1 Polish zloty (PLN) less of pension wealth increases household saving by 0.3 PLN. Among highly educated households, pension wealth and private saving appear to be close substitutes. (JEL D14, E21, H55, I38)
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20

Shlikhter, A. "Public Wealth in USA: Distribution and Financing." World Economy and International Relations, no. 5 (2014): 42–52. http://dx.doi.org/10.20542/0131-2227-2014-5-42-52.

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The article focuses on the state regulation and financing of public wealth in the USA. The author analyses historical trends in managing of state social programs within the system “federation – states – local units”. Special attention is given to the concepts and practices of federative relations in the context of US socioeconomic development. The article also evaluates the reforms of state machinery conducted during the terms of Ronald Reagan, Bill Clinton, George Bush (Jr.) and Barack Obama administrations.
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21

Dijk, Eric Van, and Henk Wilke. "Asymmetry of Wealth and Public Good Provision." Social Psychology Quarterly 57, no. 4 (1994): 352. http://dx.doi.org/10.2307/2787161.

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22

Fabrizi, Simona, and Steffen Lippert. "Corruption and the public display of wealth." Journal of Public Economic Theory 19, no. 4 (2017): 827–40. http://dx.doi.org/10.1111/jpet.12247.

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23

Shamsuddin, Abul F. M. "Public pension and wealth inequality in Canada." Applied Economics Letters 8, no. 5 (2001): 315–20. http://dx.doi.org/10.1080/135048501750157503.

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24

PRABHAKAR, RAJIV. "Wealth Taxes: Stories, Metaphors and Public Attitudes." Political Quarterly 79, no. 2 (2008): 172–78. http://dx.doi.org/10.1111/j.1467-923x.2008.00917.x.

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25

Borissov, Kirill, and Andrei Kalk. "Public debt, positional concerns, and wealth inequality." Journal of Economic Behavior & Organization 170 (February 2020): 96–111. http://dx.doi.org/10.1016/j.jebo.2019.11.029.

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26

Bloom, D. E. "PUBLIC HEALTH:The Health and Wealth of Nations." Science 287, no. 5456 (2000): 1207–9. http://dx.doi.org/10.1126/science.287.5456.1207.

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27

Acheson, Graeme G., Gareth Campbell, and John D. Turner. "Active Controllers or Wealthy Rentiers? Large Shareholders in Victorian Public Companies." Business History Review 89, no. 4 (2015): 661–91. http://dx.doi.org/10.1017/s0007680515001026.

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This article addresses the issue of whether large shareholders in Victorian public companies were active in the control of companies or were simply wealthy rentiers. Using ownership records for 890 firm-years, we examine the control rights, socio-occupational background, and wealth of large shareholders. We find that many large shareholders had limited voting rights and neither they nor family members were directors. This implies that the majority of public companies in the second half of the nineteenth century cannot be characterized as family companies and that large shareholders are better
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28

Chu, C. Y. Cyrus, Kamhon Kan, and Jou Chun Lin. "Variations of wealth resemblance by family relationship types in modern Chinese families." Proceedings of the National Academy of Sciences 116, no. 14 (2019): 6548–53. http://dx.doi.org/10.1073/pnas.1813136116.

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For a long time, social scientists have used correlations in social status, measured by such characteristics as schooling, income, or occupation, across family members to capture family resemblance in social status. In this study, we use millions of records from a public registry to estimate the wealth correlations among Taiwanese kinship members, from the closest parent–child pairing to the farthest kinship ties, with only 1/32 genetic relatedness. Based on this wealth correlation, we present a complete picture of economic similarity among kin members. These correlations give us a better gras
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29

Muradova, Lala, and Ross James Gildea. "Oil wealth and US public support for war." Conflict Management and Peace Science 38, no. 1 (2019): 3–19. http://dx.doi.org/10.1177/0738894219871655.

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How does the oil wealth of a potential target state affect the likelihood of the US public favoring the use of military force? Recent studies suggest that public opinion on foreign policy is responsive to the core characteristics of target states, such as regime type and majority religion. This article advances this research agenda by examining the effects of intra-regime heterogeneity in respect of an important characteristic of target states: their oil wealth. To examine the relationship between oil wealth and US public opinion on war, we fielded a conjoint experiment with US citizens. Respo
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30

Lefebvre, Mathieu, and Sergio Perelman. "Public pension wealth and household asset holdings: new evidence from Belgium." Journal of Pension Economics and Finance 19, no. 3 (2019): 309–22. http://dx.doi.org/10.1017/s1474747218000409.

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AbstractIt has been long suggested that public pension wealth may crowd out household savings. However, there remains controversy about the extent of this displacement effect. In this paper we use an original microsimulation model based on retrospective survey data collected through the third wave of the Survey of Health, Ageing and Retirement in Europe (SHARE) to estimate the displacement effect of public pension wealth on other wealth in Belgium. Combining this rich dataset with an accurate estimation of the individual pension entitlements allows us to circumvent some of the main measurement
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31

Carr, Philippa, Simon Goodman, Adam Jowett, and Jackie Abell. "‘You come back fighting. That’s what gives you the drive to achieve’: The extraordinary psychological construction of the super-rich in entertainment documentaries." Discourse & Society 32, no. 5 (2021): 559–74. http://dx.doi.org/10.1177/09579265211013117.

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Inequality in society is legitimised through the ‘meritocracy myth’ and existing research claims that the affluence of the super-rich is the result of their superior traits. Discursive Social Psychology examines the ways in which psychological concepts such as personality traits function in talk. This research explores how entertainment documentaries construct the traits of the super-rich to legitimise their wealth. A corpus of 41.5 hours of terrestrial UK televised broadcasts that used the term, ‘super-rich’ was analysed. This explored how wealthy individuals are presented as having superior
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32

Anjeza, Xhaferaj, and Bello Kreshnik. "Public policy at times of pandemic." ECONOMICUS, no. 21 (May 13, 2022): 7–20. https://doi.org/10.5281/zenodo.7564378.

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<strong>Abstract</strong> The paper is an attempt to analyse the benefits that remote work could bring in the development of the country. It is organized in three parts. In the first part it engages with the concept of public policy, how it is shaped and should be done to make visible problems that need to be addressed. The second part analysis the benefits of teleworking and potential models for city organization and population distribution to support country development. The last part analyses the case of Albania to discover that remote work, demography, and country development are concepts
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33

Handayani, Sri. "PROSPEK BISNIS WEALTH MANAGEMENT BERBASIS SYARÎ’AH." AL-IHKAM: Jurnal Hukum & Pranata Sosial 3, no. 2 (2019): 217–38. http://dx.doi.org/10.19105/al-lhkam.v3i2.2605.

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At the moment the growth of HNWI (High Net Worth Individual) is significantly developed. HNWI is a group of rich people having no idea in managing the properties. As a matter of course, this becomes a new prospective field on wealth management business for banking. In fact, banks dominate money market mainly in Indonesia. in accordance to this issue, this article tries to portray the following subject matters---the importance wealth management as a service product for banks customers, the factors supporting the wealth management business in Indonesia, the criteria and characteristics of HNWI,
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34

Palladino, Lenore. "Democratizing Investment." Politics & Society 47, no. 4 (2019): 573–91. http://dx.doi.org/10.1177/0032329219878989.

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Americans have trillions of dollars invested in public and private companies, yet stock ownership is highly unequal: the wealthiest 1 percent of households possess 40 percent of all wealth, and there is a large and persistent racial wealth gap. What if innovations in distributed technologies allowed for democratic facilitation of new opportunities for wealth and a rebalancing of power within the capital markets? This article proposes using innovative financial technologies to create a “Public Investment Platform”—a public option for participation in capital markets—and a “Public Investment Acc
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35

Nupia, Oskar. "Voluntary Contribution to Public Goods: Preferences and Wealth." Theoretical Economics Letters 06, no. 03 (2016): 432–41. http://dx.doi.org/10.4236/tel.2016.63049.

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36

Shenton, Bob, and Rene Loewenson. "Modern Plantation Agriculture: Corporate Wealth and Public Squalor." Labour / Le Travail 34 (1994): 367. http://dx.doi.org/10.2307/25143894.

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37

O?LEAR, SHANNON. "Azerbaijan's resource wealth: political legitimacy and public opinion." Geographical Journal 173, no. 3 (2007): 207–23. http://dx.doi.org/10.1111/j.1475-4959.2007.00242.x.

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38

Dioikitopoulos, Evangelos V., Stephen J. Turnovsky, and Ronald Wendner. "Public policy, dynamic status preferences, and wealth inequality." Journal of Public Economic Theory 21, no. 5 (2018): 923–44. http://dx.doi.org/10.1111/jpet.12329.

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39

Schlicht, Ekkehart. "PUBLIC DEBT AS PRIVATE WEALTH: SOME EQUILIBRIUM CONSIDERATIONS." Metroeconomica 57, no. 4 (2006): 494–520. http://dx.doi.org/10.1111/j.1467-999x.2006.00253.x.

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40

Tamai, Toshiki. "Public goods provision, redistributive taxation, and wealth accumulation." Journal of Public Economics 94, no. 11-12 (2010): 1067–72. http://dx.doi.org/10.1016/j.jpubeco.2010.06.019.

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41

Goffette-Nagot, Florence, and Modibo Sidibé. "Housing wealth accumulation: The role of public housing." Regional Science and Urban Economics 57 (March 2016): 12–22. http://dx.doi.org/10.1016/j.regsciurbeco.2015.11.004.

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42

Gibson, John, and Felix Rioja. "PUBLIC INFRASTRUCTURE MAINTENANCE AND THE DISTRIBUTION OF WEALTH." Economic Inquiry 55, no. 1 (2016): 175–86. http://dx.doi.org/10.1111/ecin.12371.

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43

Ming, Wang, and Xu Yushan. "Foundations in China." China Nonprofit Review 2, no. 1 (2010): 19–51. http://dx.doi.org/10.1163/187650910x12605098378978.

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AbstractFoundations are rooted in public interest; they are built from wealth; they are a form of involvement in the public interest for the wealthy; they represent a systemic arrangement in which society may, through organizing, compel the rich to express their concern for society through public-interest donations to the poor; and they are a legal form in which, in the name of the public interest, wealth can be redistributed and perpetuated. After defining foundations, offering a classification, and discussing foundations’ properties, this article endeavors to examine the historical developme
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44

Panagelli, M. P. "Adam Smith and the morality of political economy: a public choice reading." Lomonosov Economics Journal, no. 6, 2024 (2024): 221–39. https://doi.org/10.55959/msu0130-0105-6-59-6-12.

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In Adam Smith’s “Wealth of Nations”, prescriptive and descriptive analysis are intertwined. While incentives analysis is strictly descriptive, the motivation of the analysis is prescriptive as are the motivations for its prescriptions. For Smith, wealth tends to promote justice; it also tends to be a consequence of justice. Poverty tends to create injustices instead, and to be a consequence of injustice. Understanding how to increase the wealth of a nation is thus understanding how to increase its justice. The perverse incentives of special interests are destructive forces of both wealth and j
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Page, Benjamin I., Larry M. Bartels, and Jason Seawright. "Democracy and the Policy Preferences of Wealthy Americans." Perspectives on Politics 11, no. 1 (2013): 51–73. http://dx.doi.org/10.1017/s153759271200360x.

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It is important to know what wealthy Americans seek from politics and how (if at all) their policy preferences differ from those of other citizens. There can be little doubt that the wealthy exert more political influence than the less affluent do. If they tend to get their way in some areas of public policy, and if they have policy preferences that differ significantly from those of most Americans, the results could be troubling for democratic policy making. Recent evidence indicates that “affluent” Americans in the top fifth of the income distribution are socially more liberal but economical
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46

Fanea-Ivanovici, Mina, Marius-Cristian Pană, Mihail Dumitru Sacală, and Cristina Voicu. "Measuring and Assessing the Wealth Influence on the Efficiency of the Health System through the Private Sector." Engineering Economics 31, no. 4 (2020): 437–49. http://dx.doi.org/10.5755/j01.ee.31.4.24324.

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The aim of the paper is to provide an analysis of the dynamics of the public and private health sectors in Romania. Using descriptive statistics, it first investigates whether the public health sector follows the reformation trends suggested by official strategies and reports, and to what extent the private health sector is a viable alternative to the public one, by analysing the demand for private inpatient services. We look into the reduction in the occupancy degree in public hospitals as a means to increase the efficiency of public health expenditures, which represents one way to reform the
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47

Deeds, David L., Dona Decarolis, and Joseph E. Coombs. "Firm-Specific Resources and Wealth Creation in High-Technology Ventures: Evidence from Newly Public Biotechnology Firms." Entrepreneurship Theory and Practice 22, no. 3 (1998): 55–73. http://dx.doi.org/10.1177/104225879802200303.

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We explore the relationship between wealth creation in high-technology ventures and firm-specific resources. We argue that Market Value Added is a particularly appropriate measure of entrepreneurial performance because of its focus on wealth creation, which is the essence of entrepreneurship. We present a model of wealth creation in new ventures based on the resource-based theory of firm behavior. The model suggests that firm-specific research and scientific capabilities are associated with wealth creation. The model is tested on a sample of 89 biotechnology firms. The results provide strong e
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48

Robbins, Rachel. "Wealth and the wealthy: Exploring and tackling inequalities between rich and poor." Journal of Poverty and Social Justice 22, no. 1 (2014): 77–79. http://dx.doi.org/10.1332/175982714x13910760153686.

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49

Strelets, I., and S. Chebanov. "Public Investment and Sustainability of World Economy." World Economy and International Relations 68, no. 6 (2024): 5–17. http://dx.doi.org/10.20542/0131-2227-2024-68-6-5-17.

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As history shows, in difficult periods, there is invariably an increase in the state’s involvement in economic life. As of now, there is a number fundamental macrotrends showing that the world fell into a highly dangerous situation of so called polycrisis. These include more and more evident dysfunction of the US-centric model of globalization, the inexorable formation of new independent centers of international power, extremely high level of geopolitical turbulence. The global financial and economic sphere continues to function due to massive debt pumping which translates to its underlying fr
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50

Lewis, Tracy R., and David E. M. Sappington. "Motivating Wealth-Constrained Actors." American Economic Review 90, no. 4 (2000): 944–60. http://dx.doi.org/10.1257/aer.90.4.944.

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We examine how owners of productive resources (e.g., public enterprises or financial capital) optimally allocate their resources among wealth-constrained operators of unknown ability. Optimal allocations exhibit: (1) shared enterprise profit—the resource owner always shares the operator's profit; (2) dispersed enterprise ownership—resources are widely distributed among operators of varying ability; (3) limited benefits of competition—the owner may not benefit from increased competition for the resource; and, sometimes, (4) diluted incentives for the most capable—more capable operators receive
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