Matthew effect in wealth accumulation across countries

• Main Authors: Dai, Xinyi, Wang, Yan, Wang, Ye
• Other Authors: Huang Weihong
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics
• Online Access: http://hdl.handle.net/10356/52109
• Institution: Nanyang Technological University

Matthew Effect as a social phenomenon which describes “rich get richer” has long been of interest to scholars from diverse fields such as psychology, political science and cultural studies. In the aspect of wealth accumulation, the phenomenon has captured great attention as the wealth gap among coun...