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Journal articles on the topic 'Public Wealth'

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Published: 31 August 2024

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1

Sverdan, Mykhailo. "ECONOMICS AND TAXATION OF WEALTH." Three Seas Economic Journal 1, no. 4 (December 28, 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. At the same time, the purpose of the article is to study wealth as an object of taxation. In this regard, an economical essence of the wealth tax and its introduction preconditions are considered, the specificity of functioning of wealth tax in a market economy, the most important features of wealth tax functioning are determined. Methodology. Proper analysis of the social structure of society in terms of material wealth allows to evaluate the efficiency of the economy and the quality of public policy in the system of creating and distributing public revenues, public goods and wealth. Fatal mistakes in choosing the state priorities of socio-economic policies and making the best decisions in the financial sphere appear without the results of these calculations. The survey is based on a comparison of data of wealth tax in different countries. Results. The question and the modern specifics of wealth are investigated. The value of wealth for society and the state is determined. The wealth tax is an effective fiscal tool of the state in the distribution of public revenues. The wealth tax exists in many countries in various forms. Practical implications. The possibilities of improving well-being and increasing wealth are explored. Adequate assessment of the level of well-being and wealth would enable the state to carry out a balanced and effective socio-economic and financial policy to stabilize society and adopt a stable public order. The financial essence of the wealth tax and its introduction preconditions are investigated. The specificity of functioning of wealth tax in a social market economy is considered. Value/originality. It has been found that wealth is a comprehensive, multi-faceted category, which can be characterized as a specific feature of the socio-economic structure of society, which determines its condition, results, dynamics and development tendencies. Wealth characterizes the ability to achieve a positive result (effect) in market conditions of managing and using the existing social and economic potential in the community, as evidenced by its level of civilization development. The peculiarities of the functioning of the wealth tax in different countries of the world are considered. The using of the wealth tax as a fiscal instrument in the state tax system is suggested.
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2

Kantola, Anu, and Hanna Kuusela. "Wealth Elite Moralities: Wealthy Entrepreneurs’ Moral Boundaries." Sociology 53, no. 2 (May 17, 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 workers. At the same time, these wealthy elite entrepreneurs challenge the moralities of Nordic welfare society. We thus posit that moral boundaries and boundary work should be explored as legitimising discourses embedded in the relations of economic and political power.
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3

Ford, N. "Public health and company wealth." BMJ 326, no. 7402 (June 12, 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 (December 30, 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. At the same time the purpose of the article is to study the property as an object of taxation. In this connection, the economic essence of the wealth tax and the conditions of its introduction are considered, the specificity of the functioning of the wealth tax in the market economy is determined, the main features of the functioning of the wealth tax are identified. Methodology. Proper analysis of the social structure of society in terms of material wealth allows to assess the efficiency of the economy and the quality of public policy in the system of creation and distribution of public revenues, public goods and wealth. Without the results of these calculations, fatal mistakes appear in the choice of state priorities of socio-economic policy and the best decisions in the financial sphere. The study is based on a comparison of data on wealth tax in different countries. Results. The question and modern peculiarities of wealth are studied. The value of wealth for the society and the state is determined. Wealth tax is an effective fiscal instrument of the state in the distribution of public revenues. Wealth tax exists in many countries in different forms. Practical implications. The possibilities for improving well-being and increasing prosperity are explored. Adequate assessment of the level of well-being and wealth would enable the state to carry out a balanced and effective socio-economic and financial policy to stabilize society and adopt a stable public order. The financial essence of the property tax and the conditions for its introduction are studied. The peculiarities of the functioning of the wealth tax in the social market economy are considered. Value/originality. It has been established that wealth – a comprehensive, multifaceted category, which can be characterized as a specific feature of the socio-economic structure of society, which determines its state, results, dynamics and tendencies of development. Wealth characterizes the ability to achieve a positive result (effect) in the market conditions of management and use of the existing social and economic potential in the community, as evidenced by its level of civilizational development. The peculiarities of the functioning of the wealth tax in various countries of the world are considered. The use of the wealth tax as a fiscal instrument in the state tax system is suggested.
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5

Gonguet, Fabien, and Klaus-Peter Hellwig. "Public Wealth in the United States." IMF Working Papers 19, no. 139 (July 2, 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 the Federal Reserve’s bank stress test to the public sector balance sheet.
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6

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

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7

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

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8

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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9

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

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10

Sverdan, Mykhailo. "THE ECONOMIC BASIS OF WEALTH AND ITS TAXATION." Three Seas Economic Journal 2, no. 4 (November 30, 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 multiplication. At the same time, the purpose of the article is to study wealth as an object of taxation. In this connection, the economic essence of wealth tax and prerequisites for its introduction were considered, the specifics of functioning of wealth tax in the market economy were determined, and the most important features of functioning of wealth tax were revealed. Methodology. A correct analysis of the social structure of society in terms of material well-being makes it possible to assess the efficiency of the economy and the quality of public policy in the system of creation and distribution of public income, public goods and wealth. Without the results of these calculations, fatal errors arise in the choice of state priorities of socio-economic policy and in making optimal decisions in the financial sphere. The study is based on the comparison of wealth tax data in different countries. Results. The question and modern specificity of wealth is explored. The value of wealth to society and the state is determined. Wealth tax is an effective fiscal instrument of the state in the distribution of state revenues. Wealth tax exists in many countries in various forms. Practical implications. Possibilities of increasing welfare and increasing wealth are considered. An adequate assessment of wealth and well-being will allow the state to conduct a balanced and effective socio-economic and financial policy to stabilize society and adopt a stable social order. The financial essence of the wealth tax and the prerequisites for its introduction were studied. The specifics of functioning of wealth tax in the market socially oriented economy are considered. Value/originality. It was found that wealth is a complex, multifaceted category, which can be characterized as a specific feature of the socio-economic structure of society, which determines its state, results, dynamics and trends of development. Wealth characterizes the ability to achieve a positive result (effect) in the market conditions of management and use of socio-economic potential available in the society, which indicates the level of its civilizational development. The features of functioning of wealth tax in different countries of the world are considered. The use of wealth tax as a fiscal tool in the tax system of the state was proposed.
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11

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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12

Wyly, Elvin, and James DeFilippis. "Mapping Public Housing: The Case of New York City." City & Community 9, no. 1 (March 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 indicators of spatial association document a contingent link between assistance and poverty: vouchers are not consistently associated with poverty deconcentration. Second, spatial regressions confirm this result after controlling for racial segregation and spatial autocorrelation. Third, factor analyses and cluster classifications reveal a rich, complex neighborhood topography of poverty, wealth, and housing subsidy that defies the simplistic stereotypes of policy and popular discourse.
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13

Domenichelli, Oscar, and Camilla Mazzoli. "Reconciling Socioemotional Wealth with Financial Wealth in Family Firm IPOs." International Journal of Economics and Finance 16, no. 7 (June 18, 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 not excessively forgo IPO earnings to protect their SEW; rather they compromise between financial wealth (FW) and SEW safeguarding by avoiding excess UP.
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14

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 (December 9, 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 also might be bearing more fruit for all of society instead of being eaten away by wealthy individuals and corporations solely interested in material wealth and not the public interest.
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15

Foy, George E. "Public Wealth and Private Riches: Past and Present." Journal of Interdisciplinary Economics 3, no. 1 (January 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 environmental scarcity. The classical economists denied the relevance of Lauderdale’s thesis for their time. The modern national economic accounts follow the classical concept in omitting the services of free environmental resources. However, environmental conditions have now changed to the point where Lauderdale’s concept of public wealth is more relevant than the classical concept of private riches. Hence current measures of national economic performance should be revised so they will indicate whether we have more or less total goods and services available to us over time in a world of environmental scarcity.
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16

McCormick, John P. "Oligarchy by Jeffrey A. Winters." Perspectives on Politics 10, no. 1 (March 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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17

Sverdan, Mykhailo. "WEALTH: THE ECONOMIC PREREQUISITES OF TAXATION." Three Seas Economic Journal 2, no. 1 (April 26, 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 possibilities of its taxation. The topic of the article is due to the need to reveal the modern market infrastructure for the formation and growth of wealth, its economic status in the context of tax opportunities. In this regard, the economic essence of wealth as a potential subject of taxation is considered, the specifics of the functioning of the wealth tax in a market economy, the most important features of the functioning of the wealth tax are determined. Methodology. Economically adequate and objective justification of wealth in terms of the effectiveness of market conditions for its formation and growth allows us to assess the effectiveness of the economic system and the possibilities of public policy in the context of its taxation. This partially ensures the redistribution of public revenues, public goods and wealth. The survey is based on a theoretical generalization and analysis of empirical data on the market economy, wealth generation and its taxation. Results. The issue of wealth and its economic nature is studied. The importance of wealth for society and the state is determined. The economic specifics of wealth for its taxation are substantiated. Practical implications. Market requirements and opportunities for the formation and increase of wealth are studied. Adequate assessment of the preconditions for taxation is carried out. On this basis, the content of the wealth tax and the preconditions for its introduction are studied. The specifics of the functioning of the wealth tax in a market socially oriented economy are considered. Wealth taxation is considered from the standpoint of economic, social and fiscal efficiency. Value/originality. It was found that wealth – a comprehensive, multi-faceted category, which can be characterized as a specific feature of the socio-economic structure of society, which determines its condition, results, dynamics and development tendencies. Wealth characterizes the ability to achieve a positive result in market conditions of managing and using the existing social and economic potential in the community, as evidenced by its level of civilization development. The peculiarities of the functioning of the wealth tax in different countries of the world are considered. The using of the wealth tax as a fiscal instrument in the state tax system is suggested.
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18

Lachowska, Marta, and Michał Myck. "The Effect of Public Pension Wealth on Saving and Expenditure." American Economic Journal: Economic Policy 10, no. 3 (August 1, 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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19

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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20

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

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21

Fabrizi, Simona, and Steffen Lippert. "Corruption and the public display of wealth." Journal of Public Economic Theory 19, no. 4 (May 16, 2017): 827–40. http://dx.doi.org/10.1111/jpet.12247.

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22

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

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23

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

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24

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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25

Bloom, D. E. "PUBLIC HEALTH:The Health and Wealth of Nations." Science 287, no. 5456 (February 18, 2000): 1207–9. http://dx.doi.org/10.1126/science.287.5456.1207.

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26

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 viewed as wealthy gentlemen capitalists rather than entrepreneurs.
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27

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 (March 18, 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 grasp of the hitherto obscure Chinese family structure than that of mechanical genetic relatedness. We obtain statistical evidence to support the following hypotheses: Family members’ wealth resemblance to male egos is stronger than to female egos, wealth correlations are larger along patrilineal lines than along matrilineal counterparts, wealthy families have larger correlations within the nuclear family members but smaller correlations outside it, and adopted children have weaker wealth resemblance with close relatives.
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28

Muradova, Lala, and Ross James Gildea. "Oil wealth and US public support for war." Conflict Management and Peace Science 38, no. 1 (September 15, 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. Respondents chose between hypothetical pairs of target states that varied across seven different intra-regime characteristics. We found that that the oil wealth of a target exerts a statistically significant (albeit small) effect on public support for the use of force, independent of the effects of other regime characteristics.
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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 (January 22, 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 error problems faced by previous studies. We estimate that an extra euro of public pension wealth is associated with about 14–25 cent decline in households’ non-pension wealth.
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30

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 (May 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 psychological qualities compared to the general public in relation to their greater drive and resilience. However, wealthy individuals also talk about the development of superior traits as a response to adversity. Entertainment documentaries draw upon individualistic ideology to present wealth inequality as a natural consequence of individual differences and as a result, the current distribution of wealth is ‘just’ despite its negative consequences for all.
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31

Handayani, Sri. "PROSPEK BISNIS WEALTH MANAGEMENT BERBASIS SYARÎ’AH." AL-IHKAM: Jurnal Hukum & Pranata Sosial 3, no. 2 (September 28, 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, the requirements of Islamic economic principles in applying wealth management syarî’ah base, and the challenge of organizing wealth management syarî’ah -base. From public view, the existence of wealth management syarî’ah base remains significant therefore it has a huge prospect considering the decrease of loan rate. It accelerates public to invent an alternate way instead of saving. On the other hand, there is a challenge of professional profit-share, unavailability of large amount of fresh money from investor, the minimum number of people understanding the proper syarî’ah finance management, and the existence of false assumption among publics that the current syarî’ah finance system has been only symbols interchange from conventional system to Islamic ones.
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32

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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33

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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34

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

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35

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 (August 23, 2018): 923–44. http://dx.doi.org/10.1111/jpet.12329.

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36

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

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37

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

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38

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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39

Gibson, John, and Felix Rioja. "PUBLIC INFRASTRUCTURE MAINTENANCE AND THE DISTRIBUTION OF WEALTH." Economic Inquiry 55, no. 1 (June 13, 2016): 175–86. http://dx.doi.org/10.1111/ecin.12371.

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40

Palladino, Lenore. "Democratizing Investment." Politics & Society 47, no. 4 (November 11, 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 Account” to universalize access to investment opportunities. Capital markets are currently governed by public policies that submerge the role of the public in structuring them and enable an inequitable accumulation of wealth. To democratize finance, new policies are required to democratize participation in investment.
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41

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

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42

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 development of foundations in the West and in China, and analyze the unique characteristics of Chinese foundations and their opportunities going forward. It will proceed to analyze the systemic characteristics of foundations’ property rights, introduce the concept of public-interest property rights, discuss foundation governance structures, analyze the basic principles behind foundation legislation, discuss preferential tax policies and innovations in foundation governance, and, finally, raise several policy recommendations for the expansion and strengthening of China’s foundations. This article represents the author’s effort at a general analytic framework for and basic research theory of foundations, based on empirical research, for the reference of his esteemed colleagues.
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43

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 (April 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 evidence for the hypothesized relationship between firm-specific capabilities and wealth creation in new ventures.
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44

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 fragility. That is why the formation of an efficient system of sustainable development, as proclaimed in the UN SDG program, is so urgent. In order to overcome the current state of instability the world economy needs to found and engage stable and reliable sources of long-term capital instead of borrowed money. Such capital is available with the institutional investors, primarily the sovereign wealth funds and pension funds. As for the first ones, in recent years, they have noticeably diversified the goals, directions and objects of their operations. The changes are so serious that a term “sovereign wealth funds 3.0” entered into the analytical discourse. In the activities of most state investors, there is a tendency to shift the focus from the external to the internal one, which does not allow capital to completely dissolve in the global financial system. The geographical priorities of investment are changing: if initially the focus of state funds was on the most developed economies of the world, now it is beginning to shift towards the world majority, which in the future should contribute to a more equal distribution of productive forces and wealth and, as a result, to increase the stability of the world economy and improve the quality of its dynamics. “Sovereign wealth funds 3.0” are also characterized by new methods of funding, when it is provided by giving the fund the right to use cash flows generated by the state assets entrusted to it. Some sovereign wealth funds, having reached a certain level of maturity, enter the global private capital market, partially filling the deficit of reliable debt instruments observed there. Due to the peculiarities of financing and a long-term planning horizon, large sovereign wealth funds are able to painlessly absorb temporary financial losses, compensating them in the long-term perspective. This allows them to carry out the most important long-term projects. Thus, the state investment funds make a significant, though not always visible and appreciated, contribution into the stabilization of the financial market and the global economy at large.
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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 (March 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 economically more conservative than others. But until now there has been little systematic evidence about the truly wealthy, such as the top 1 percent. We report the results of a pilot study of the political views and activities of the top 1 percent or so of US wealth-holders. We find that they are extremely active politically and that they are much more conservative than the American public as a whole with respect to important policies concerning taxation, economic regulation, and especially social welfare programs. Variation within this wealthy group suggests that the top one-tenth of 1 percent of wealth-holders (people with $40 million or more in net worth) may tend to hold still more conservative views that are even more distinct from those of the general public. We suggest that these distinctive policy preferences may help account for why certain public policies in the United States appear to deviate from what the majority of US citizens wants the government to do. If this is so, it raises serious issues for democratic theory.
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Patil, Dakshayini R. "‘Waste to Wealth, Art of Reuse’- Learnings from Innovations in Urban Public Space Designs." Journal of Advanced Research in Construction and Urban Architecture 8, no. 1 (April 25, 2023): 13–22. http://dx.doi.org/10.24321/2456.9925.202302.

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The paper aims to explore innovations in architecture & urban design (UD) of public spaces executed with materials created out of waste products to demonstrate concepts of circular principles as exemplar to the society at large. Focus on designing public spaces is to showcase- firstly, immediate need to address waste crisis; secondly, ways by which recycled waste can be adopted as a mainstream attitude. Trash need not be abused in landfills, rather can become input for production. Study objectives dwell in addressing developing countries, where paradigm of ‘Waste to Wealth’ becomes one of the fundamental criteria for emerging as Smart cities. Once civic spaces attribute responsibility to the impending environmental crisis, momentum gains at grassroot-community level as public spaces bear more visibility & appeal. Need for industrial ‘re-revolution’ is sensed to reverse the negative impacts and encourage upcycling culture with efficient management of Municipal solid waste (MSW) which forms largest component of a city’s waste-output. This study discusses theories and case studies which adopted MSW in innovative ways under two broad objectives of design- aesthetics and functionality. Highlight will be on Zero-waste economical urban initiatives to enhance imagery. The study derives a ‘Toolkit for public space design’ using MSW as framework for UD schemes.
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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 (October 29, 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 public health sector. We also find that the increase in the occupancy degree in private hospitals is negatively correlated with the quality of services provided by public hospitals, but positively correlated with population wealth. Increase in the occupancy degree in private hospitals is an indicator of poor quality of services in public hospitals. It can also be explained by increasing expectations and requirements of beneficiaries as a reflection of increase in wealth and of their will to preserve their health capital. Using regression models, the paper then proposes the Wealth-Health Index, a composite indicator to explore the connection between wealth and health and the dynamics of the private health sector. Investment in physical infrastructure and the size of medical staff in the private sector is positively correlated with wealth increase.
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48

Lewis, Tracy R., and David E. M. Sappington. "Motivating Wealth-Constrained Actors." American Economic Review 90, no. 4 (September 1, 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 smaller shares of the returns they generate. Implications for privatizations and venture capital arrangements are explored. (JEL D82, D44, D20)
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49

CONLEY, DALTON. "Getting into the Black: Race, Wealth, and Public Policy." Political Science Quarterly 114, no. 4 (December 1999): 595–612. http://dx.doi.org/10.2307/2657785.

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50

Esteban, Joan, and Debraj Ray. "Wealth constraints, lobbying and the efficiency of public allocation." European Economic Review 44, no. 4-6 (May 2000): 694–705. http://dx.doi.org/10.1016/s0014-2921(00)00031-3.

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