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Exact(53)
It would increase asset prices and increased wealth would lead to higher consumption.
Changes in wealth affect spending because people will spend a percentage of their increased wealth.
Overwhelmingly, it is increased wealth, not past energy savings, that enables people to buy cheap, inefficient air-conditioners.
That has increased wealth inequality, for if asset prices rise relative to incomes, those with assets win out.
This is explained, in part, by the fact that many Americans have not shared in the increased wealth.
They helped make sure that part of the increased wealth generated by innovation would be used to build a strong middle class.
Similar(6)
In Nepal and Bangladesh, the expansion of private sector supply of institutional-based delivery services has not led to increased wealth-related inequity in service utilization.
The study findings also suggest that the provision of government delivery services to poor women protects against increased wealth-related inequity in service use.
This article explores whether an expansion in the role of the private sector leads to increased wealth-related inequity in the use of institutional delivery assistance.
The study findings also suggest that the provision of government delivery services to the poor protects against increased wealth-related inequity in service use.
KEY MESSAGES Limited empirical evidence is available on whether an expansion in the private sector provision of institutional-based delivery services has led to increased wealth-related inequity in the use of services.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com