16 
Footnote J from page 15 continued: 
wealth the increase in the stock prices has made the 
distribution of wealth more unequal (and at the same 
time decreased k which in 1958/59 was still 0,8). 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 strongly affected therefore 
/ /; we may guess that also k in that range is much higher 
than our value of 0.63. This will marginally also affect 
the income distribution studied, and it might explain 
why the estimated Pareto coefficient is too high.