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![Mind the Gap: Inequality and Diversification](https://writelatex.s3.amazonaws.com/published_ver/12856.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=460b8d76bab4b35505c3e77fdc7709b4acfb98b73a91a59ef5ad7dd386f6a76e)
Mind the Gap: Inequality and Diversification
Understanding the origins of wealth inequality is critical in the debate over what, if anything, to do about it. In this note, we propose a simple model which is still rich enough to reproduce observed patterns of wealth inequality. We call it the Concentrated Asset Betting (CAB) model. A key element of CAB is a phenomenon known in the gambling world as “over-betting the edge.” The model we propose is based on the observation that a high fraction of investors have experienced sub-par growth in their savings, after allowing for consumption and philanthropy, relative to the tremendous long-term growth in the public stock market. Some of the reasons put forward to explain the shortfall in investor returns include investment fees, commissions and taxes. Our model suggests there may be something even larger and more insidious at work – pervasive and systematically poor money management.
James White, Victor Haghani & Jeffrey Rosenbluth
![Review of Financial Studies LaTeX template](https://writelatex.s3.amazonaws.com/published_ver/12818.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=02645e950f79c8411ce2695bc64d16978fa752f0f0cf7f2d1e69b20980670704)
Review of Financial Studies LaTeX template
LaTeX template for articles published in Review of Financial Studies.
Original source uploaded from https://academic.oup.com/rfs/pages/Instructions_To_Authors.
Uploaded by Overleaf
![Template | NISER MSc Thesis](https://writelatex.s3.amazonaws.com/published_ver/14208.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=f5cdd25b03d88b75cd9526ecf0245a7e2ccc76903d8bd7409e57224fda3ac13f)
Template | NISER MSc Thesis
Template for Integrated M.Sc.Thesis at the National Institute of Science Education and Research.
Subhankar Mishra
![経営システム工学専攻修士論文予稿テンプレート](https://writelatex.s3.amazonaws.com/published_ver/12784.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=54f7da89b3df7756666df3043bad97fb763e5261ef937c14e228c8ec3afc9695)
経営システム工学専攻修士論文予稿テンプレート
経営システム工学専攻修士論文予稿テンプレート
GK
![Fancy poster for University College London (by Ed Long)](https://writelatex.s3.amazonaws.com/published_ver/12736.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=bf57a12517f730837105e932288d6cfc35e296217d967094cfeb8a0a3a988d57)
Fancy poster for University College London (by Ed Long)
Poster template created by Ed Long from CoMPLEX division at University College London. This template was originally published on ShareLaTeX and subsequently moved to Overleaf in December 2019.
Uploaded from ShareLaTeX
![Universidade Federal de São Carlos—Campus Sorocaba internship report](https://writelatex.s3.amazonaws.com/published_ver/12712.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=d5759075b656f02628079c9f2ae792d3115baa328a135e0ce4a7d89ce29e48bc)
Universidade Federal de São Carlos—Campus Sorocaba internship report
LaTeX Template for the final report for internship. Universidade Federal de São Carlos—Campus Sorocaba.
This template was originally published on ShareLaTeX and subsequently moved to Overleaf in December 2019.
Uploaded from ShareLaTeX
![Aide-mémoire LaTeX UQAC 2019](https://writelatex.s3.amazonaws.com/published_ver/12702.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=91c51002fc16ea7d21dbbe0494b4800129ed291597b7bd1a169f0799a1048d8c)
Aide-mémoire LaTeX UQAC 2019
Aide-mémoire français pour l'atelier LaTeX de l'UQAC 2019. D'après le travail de Dave Richeson du Dickinson College (http://divisbyzero.com/).
Émile Bélanger
![MSA CS GP Software Design Document](https://writelatex.s3.amazonaws.com/published_ver/12649.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=0747d6a46846142eb1ba4fd057c6fa604ee1a86ade5cea95781330cf0062447d)
MSA CS GP Software Design Document
MSA CS GP and OOSE Software Design Document template
Ayman Atia
![Charles University in Prague Bachelor Thesis in Computer Science and Physics (English version)](https://writelatex.s3.amazonaws.com/published_ver/12576.jpeg?X-Amz-Expires=14400&X-Amz-Date=20240731T101648Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAWJBOALPNFPV7PVH5/20240731/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=111749c1301072d54dd128a8339bc9761db8ab438c1636aed98df164f80d15d5)
Charles University in Prague Bachelor Thesis in Computer Science and Physics (English version)
English language version of LaTeX template dedicated to Bachelor theses in Computer Science and Physics published at Faculty of Mathematics and Physics, Charles University in Prague.
This template was originally published on ShareLaTeX and subsequently moved to Overleaf in November 2019.
Uploaded from ShareLaTeX