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Equity Index Construction and Research on Wealth Gap

Authors: Zhu, Xiaohuang, Lin, Song

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  • Introduces a new Chinese Social Equality Index, the Mongoose Social Equality Index
  • Analyses the influence of the wealth gap on economic and social issues in China
  • Provides policy suggestions as China moves on towards a 'society of medium prosperity'
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eBook 53,54 €
price for Spain (gross)
  • ISBN 978-981-13-9554-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 93,59 €
price for Spain (gross)
  • ISBN 978-981-13-9553-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book constructs a Chinese Social Equality Index–the Mongoose Social Equality Index–with the wealth gap index as its core, and the legal equality index, the socio-cultural equality index, and the financial equality index as its supplement. The book focuses on the influence of the wealth gap on economic and social issues. Empirical research shows that there are three turning points in the influence of the wealth gap index on economic growth: discrepancy turning point, golden turning point and destructive turning point. Based on the latest data,the current expected wealth gap index in China has surpassed the destructive point. This means that wealth brought about by economic growth will largely go to the rich, which aggravates inequality and even brings forth a potential economic recession. Meanwhile, the index also indicates that, as the Chinese economy develops, social equality has been on a noticeable decline. This book will be of interest to economists, China watchers, and political scientists

About the authors

Xiaohuang Zhu is the President of the Financial Conduct and Legal Act ResearchSociety of the China Behavior Law Association and former Chairman of the Boardof Supervisors of CITIC Group, the former President of CITIC Bank, the former Chief Risk Officer and Vice President of China Construction Bank. He holds a Ph.D. in International Economics.
Song Lin is the Associate Dean and Professor at the Business School, Central University of Finance and Economics, China and has published numerous papers in top journals. His major research interests include entrepreneurial management, SME management, and strategic management. He holds a Ph.D. in Management.


Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook 53,54 €
price for Spain (gross)
  • ISBN 978-981-13-9554-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 93,59 €
price for Spain (gross)
  • ISBN 978-981-13-9553-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Equity Index Construction and Research on Wealth Gap
Authors
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd., part of Springer Nature
eBook ISBN
978-981-13-9554-3
DOI
10.1007/978-981-13-9554-3
Hardcover ISBN
978-981-13-9553-6
Edition Number
1
Number of Pages
X, 181
Number of Illustrations
3 b/w illustrations, 39 illustrations in colour
Topics