Full text: Konvolut Wealth and Income Distribution 1

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.
	        

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