Equity Index Construction and Research on Wealth Gap

1. Front Matter

   Pages i-x

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2. Introduction

   • Xiaohuang Zhu, Song Lin

   Pages 1-8

3. Analysis of Turning Points in Equality and Wealth Gaps

   • Xiaohuang Zhu, Song Lin

   Pages 9-25

4. Wealth Gap Index Construction and Data Analysis

   • Xiaohuang Zhu, Song Lin

   Pages 27-59

5. Multiple Equality Indexes Related to the Wealth Gap

   • Xiaohuang Zhu, Song Lin

   Pages 61-96

6. Analysis of the Turning Point of Wealth Gap Index and Economic Growth

   • Xiaohuang Zhu, Song Lin

   Pages 97-114

7. Wealth Gap and Social Development

   • Xiaohuang Zhu, Song Lin

   Pages 115-141

8. Conclusions from Mongoose Social Equality Index and Policy Suggestions

   • Xiaohuang Zhu, Song Lin

   Pages 143-167

9. Back Matter

   Pages 169-181

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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

• Income inequality
• Chinese society
• Socialism in China
• Regional inequality
• Rise of China

• Beijing, China

  Xiaohuang Zhu, Song Lin

Xiaohuang Zhu is the President of the Financial Conduct and Legal Act Research
Society of the China Behavior Law Association and former Chairman of the Board
of 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.

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