Thu Nhập và Sức Khỏe

[...]... market that restrains this tendency? If so, what is it? The setting of asset prices is strongly influenced by how people forecast future events, which is the characteristic feature of the asset market Thus, how much information people possess about the future is a crucial factor in determining the distribution of wealth The theory states that all investors can learn from asset prices what other people... the value of land is deducted, however, the figures become closer, with 8 INCOME AND WEALTH 2.6 for the UK, 2.5 for the USA, and 2.1 for Japan Moreover, these figures remain remarkably constant over time Thus the differences in the ratios of private sector real assets to national income and their changes over time in the three countries can be explained mostly by the size of land values and their change... income level are omitted, and second, there are several sources of under-reporting biases in income, and the fact that interest income is taxed at the source Three conditions referred to in the text are thus not met.Household surveys such as the Family Income and Expenditure Survey and the Family Saving Survey (both conducted by the Statistics Bureau, Management and Coordination Agency), which give convenient... Coordination Agency, Employment Status Survey, 1987, Table 5 women Workers in the self-employed sector (or non-corporate firms) constitute 26 per cent of all male workers and 40 per cent of all female workers Thus roughly 60 per cent of Japanese workers are employed in small firms Information concerning the size distribution of income is recorded in the same survey, by means of histograms of pretax annual principal... ‘managers’ and ‘self-employed’, the proportions of low-income earners and high-income earners are both high This is due to the fact that these two groups contain a particularly wide spectrum of occupations Thus managers include those who are only nominally so, as well as those who are genuinely entrepreneurial managers Similarly, the self-employed include petty home workers as well as professionals such... possible reason for the high frequency of low-income earners among the self-employed is that there exists a significant degree of leeway in measuring costs; in particular, the omission of self-consumed items, thus resulting in a significant under-reporting of earnings Fourth, there is a great disparity between the incomes of men and women As already remarked, this is partly explicable by the fact that the employment... Buildings (as obtained from Tables 11.6 to 11.8) for the ‘Public sector’ to ‘Residential Houses’ in the table, with the residential land component of the public sector being treated as zero The table thus refers to land for non-residential purposes The item ‘Net Fixed Assets (Non-residential)’ in the table does not include military facilities and equipment (Sources and Methods, p 7, Item 1.48) As to . by how people forecast future events, which is the characteristic feature of the asset market. Thus, how much information people possess about the future is a crucial factor in determining the. 2.5 for the USA, and 2.1 for Japan. Moreover, these figures remain remarkably constant over time. Thus the differences in the ratios of private sector real assets to national income and their changes. fact that interest income is taxed at the source. Three conditions referred to in the text are thus not met.Household surveys such as the Family Income and Expenditure Survey and the Family Saving