Stocking Up on Wealth . . . Concentration

Stocking Up on Wealth . . . Concentration
Fix, Blair. (2024). Real-World Economics Review. No. 107. March. pp. 40-56. (Article - Journal; English).

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Abstract or Brief Description

It turns out that like the rest of us, billionaires experience wealth inequality. (Individuals who top the Forbes billionaire list are far richer than those at the bottom of the list.) Interestingly, this billionaire wealth concentration fluctuates over time … in tight correlation with the movement of the stock market. Why? A plausible reason — explored here – is that stock indexes like the S&P 500 are unwitting indicators of corporate concentration. And corporate concentration, in turn, seems to drive the concentration of individual wealth.



Publication Type

Article - Journal


corporation distribution M&A ownership stock market United States


BN Money & Finance
BN Power
BN Region - North America
BN Value & Price
BN Business Enterprise
BN Capital & Accumulation
BN Class
BN Distribution

Depositing User

Jonathan Nitzan

Date Deposited

26 Mar 2024 23:41

Last Modified

12 Apr 2024 00:42


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