16
11 w—yyy —
Footnote J from page 15 continued:
wealth the increase in the stock prices has made the
distribution of wealth nore unequal (and at the same
time decreased k which in 1950/59 was still 0,3). For
very large wealth - in excess of a million guilders ~ the
increase in share - holdings does not play such a large
role any more, and the Pareto coefficient in the range of
millionaires has not been 3trongly affected therefore
■/ 2j/\ we may guess that also It in that range 1 Nft higher
than our value of 0.63. Ibis will marginally also affect
the income distribution studied, and it might explain
why the estimated Pareto coefficient is too high.