04040nam 22005295 450 991035032390332120200704130620.0981-13-9554-310.1007/978-981-13-9554-3(CKB)4100000009158828(MiAaPQ)EBC5849343(DE-He213)978-981-13-9554-3(EXLCZ)99410000000915882820190809d2019 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierEquity Index Construction and Research on Wealth Gap[electronic resource] /by Xiaohuang Zhu, Song Lin1st ed. 2019.Singapore :Springer Singapore :Imprint: Palgrave Macmillan,2019.1 online resource (186 pages)981-13-9553-5 1. Introduction -- 2. Analysis of Turning Points in Equality and Wealth Gaps -- 3. Wealth Gap Index Construction and Data Analysis -- 4. Multiple Equality Indexes Related to the Wealth Gap -- 5. Analysis of the Turning Point of Wealth Gap Index and Economic Growth -- 6. Wealth Gap and Social Development -- 7. Conclusions from Mongoose Social Equality Index and Policy Suggestions.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. 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.Asia—Economic conditionsAsia—Politics and governmentSocial structureSocial inequalityAsian Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W45010Asian Politicshttps://scigraph.springernature.com/ontologies/product-market-codes/911110Social Structure, Social Inequalityhttps://scigraph.springernature.com/ontologies/product-market-codes/X22010Asia—Economic conditions.Asia—Politics and government.Social structure.Social inequality.Asian Economics.Asian Politics.Social Structure, Social Inequality.339.20951Zhu Xiaohuangauthttp://id.loc.gov/vocabulary/relators/aut976181Lin Songauthttp://id.loc.gov/vocabulary/relators/autBOOK9910350323903321Equity Index Construction and Research on Wealth Gap2223531UNINA