Ruth Lea, economic adviser to the Arbuthnot Banking Group, says the phrase "the top 1%" should always take wealth into account.
Roubini said his wealth is in a retirement account, and, at only age 50, he kept those funds fully invested in domestic and foreign stocks.
Money is not wealth but a useful unit of account tracking our human transactions.
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In a new National Bureau of Economic Research paper, the three economists argue that earlier analyses overstate the wealth effect because they do not account for the fact that people who expect to earn more in the future may bid up house prices.
The results showed that, even after taking account of factors such as wealth, climate and altitude, there seemed to be a strong link between asthma and related disorders and potential access to swimming pools.
Strikingly, at least by House and Price's account, employees' pursuit of wealth wasn't a big factor in HP's ascent.
To set up a separately managed account you need to talk with a wealth manager.
The 28 states that account for the balance vary greatly by wealth and infrastructure.
Californians account for 46% of all working wealth that has moved into the Las Vegas area since 1995.
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Moreover, financial assets now account for a larger share of household wealth, making the wealth effect of a stockmarket crash potentially much larger.
Since 1998 it has been a criminal offense for a Swiss banker not to properly document the source of wealth and the "end beneficiaries" behind a bank account.
The picture is less clear for Asian countries, which, led by China and Japan, account for about half of the world's foreign-exchange reserves and sovereign-wealth assets.
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Only an eye-witness can give an account of the sudden effect which currency reform had on the size of stocks and the wealth of goods on display.
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To make simple what already is, the nature of startup companies means they account for a great deal of innovation that improves our lives, all the while creating jobs and great wealth.
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