The aim of this paper is to examine the concentration of wealth among the group of top wealth holders, defined as those with wealth in excess of a high cut off. The paper begins by considering the definition of this cut off, analogous to the definition of a poverty line at the other end of the distribution. It then considers what can be learned about the proportion classified as ‘rich’ and abou...

We begin the development of a theory of Banach spaces in the definable setting of o-minimal structures. We outline several results which develop the theory of compact embeddings for explicitly given function spaces. One aim is to explain the substantive underpinnings of an important observation used in the proof of the Reparameterization Theorem of Pila and Wilkie in [2]. We place this observat...

This article constructs an overlapping generations general equilibrium model to explore the extent which heterogeneity in time investment shapes intergenerational mobility of lifetime income. The calibrated successfully accounts for untargeted distributional aspects income mobility. Counterfactual exercises show that removing parental reduces persistence by around 7–8% early childhood but only ...

This study aims at determining the personality traits and investment patterns in the stock market and presenting the pattern with a behavioral finance approach. This is an applied, descriptive- survey, and cross-sectional study. The statistical population includes real investors in the Tehran Stock Exchange. The required information was collected using questionnaire and was analyzed using SPSS ...

For energy saving retrofit projects, its economics are usually evaluated in terms of capital investment and payback time. The capital investment is in direct relation to the total heat recovery area of the network and the payback time factor is base on both the area and the energy savings. The debottlenecking is an increased throughput, which can be profitable in economic sense. The combination...