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1 The distribution of wealth in the United ... - Equitable Growth
https://equitablegrowth.org/the-distribution-of-wealth-in-the-united-states-and-implications-for-a-net-worth-tax/
Wealth is distributed in a highly unequal fashion, with the wealthiest 1 percent of families in the United States holding about 40 percent of ...
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2 Table: Distribution of Household Wealth in the U.S. since 1989
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/
› dfa › distribute › table
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3 1. Trends in income and wealth inequality
https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/
From 1983 to 2016, the share of aggregate wealth going to upper-income families increased from 60% to 79%. Meanwhile, the share held by middle- ...
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4 Trends in the Distribution of Family Wealth, 1989 to 2019
https://www.cbo.gov/publication/58533
In 2019, families in the top 10 percent of the distribution held 72 percent of total wealth, and families in the top 1 percent of the ...
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5 Wealth Inequality in America - YouTube
https://www.youtube.com/watch?v=QPKKQnijnsM
Nov 20, 2012
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6 The Geographic Distribution of Extreme Wealth in the U.S.
https://itep.org/the-geographic-distribution-of-extreme-wealth-in-the-u-s/
▷ More than one in four dollars of wealth in the U.S. is held by a tiny fraction of households with net worth over $30 million. Nationally, we ...
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7 U.S. wealth distribution 2022 - Statista
https://www.statista.com/statistics/203961/wealth-distribution-for-the-us/
U.S. wealth distribution 2022 ... In the second quarter of 2022, 68 percent of the total wealth in the United States was owned by the top 10 ...
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8 This Simple Chart Reveals the Distribution Of Global Wealth
https://www.visualcapitalist.com/distribution-of-global-wealth-chart/
How is Global Wealth Distributed? ... While individuals worth more than $1 million constitute just 1.1% of the world's population, they hold 45.8% ...
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9 THE DISTRIBUTION OF WEALTH *
https://eml.berkeley.edu/~saez/course/Davies,Shorrocks(2000).pdf
There were also grounds for believing that wealth inequality was declining over time, and that the shape of the distributions exhibited certain statistical ...
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10 Global Inequality
https://inequality.org/facts/global-inequality/
The United States exhibits wider disparities of wealth between rich and poor than any other major developed nation. ... We equate wealth with “net worth,” the sum ...
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11 Nine Charts about Wealth Inequality in America (Updated)
https://apps.urban.org/features/wealth-inequality-charts/
families near the bottom of the wealth distribution (those at the 10th percentile) went from having no wealth on average to being about $1,000 in debt, ...
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12 Wealth Inequality in America over Time: Key Statistics
https://www.stlouisfed.org/open-vault/2020/december/has-wealth-inequality-changed-over-time-key-statistics
How has wealth distribution changed? · The bottom 50% of the wealth distribution had $22,000 of wealth, or about $5,000 (27%) more than in 2016.
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13 A Guide to Statistics on Historical Trends in Income Inequality
https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality
Wealth — the value of a household's property and financial assets, minus the value of its debts — is much more highly concentrated than income.
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14 The Global Distribution of Household Wealth - UNU-WIDER
https://www.wider.unu.edu/publication/global-distribution-household-wealth
While the richest 10% of adults in the world own 85% of global household wealth, the bottom half collectively owns barely 1%. Even more strikingly, the ...
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15 Wealth distribution | OECD Social and Welfare Statistics
https://www.oecd-ilibrary.org/social-issues-migration-health/data/oecd-social-and-welfare-statistics/wealth-distribution_7d7b803c-en
The Wealth distribution database provides data that refer to the distribution of real and financial assets and liabilities across households (rather than ...
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16 Distribution of wealth in economics - StudySmarter
https://www.studysmarter.us/explanations/microeconomics/poverty-and-inequality/distribution-of-wealth/
Wealth distribution is a comparison of wealth among various people of a particular community. This metric examines the economic distribution of ownership in a ...
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17 OECD Income (IDD) and Wealth (WDD) Distribution Databases
https://www.oecd.org/social/income-distribution-database.htm
Inequalities in household wealth across OECD countries: Evidence from the OECD Wealth Distribution Database, OECD Statistics Working Papers, No. 2018/01 (June ...
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18 Wealth and Asset Ownership - Census Bureau
https://www.census.gov/topics/income-poverty/wealth.html
Household net worth or wealth is an important defining factor of economic well-being - it can become an additional source of income in hard times or ...
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19 Is Inequality Inevitable? - Scientific American
https://www.scientificamerican.com/article/is-inequality-inevitable/
In 1986 social scientist John Angle first described the movement and distribution of wealth as arising from pairwise transactions among a ...
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20 Inequality, the Distribution of Wealth & Government Policies
https://study.com/academy/lesson/inequality-the-distribution-of-wealth-government-policies.html
The comparison of the wealth of various members in a society is called the distribution of wealth. It is different from the distribution of income in that it ...
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21 The distribution of wealth and the ... - European Central Bank
https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1655.pdf
In that model, when households in the bottom half of the wealth distribution receive a one-off $1 in income, they consume up to 50 cents of this windfall in the ...
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22 Measuring Distribution and Mobility of Income and Wealth
https://www.nber.org/books-and-chapters/measuring-distribution-and-mobility-income-and-wealth
This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of 23 studies is ...
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23 Effects of Asset Valuations on U.S. Wealth Distribution
https://www.frbsf.org/economic-research/publications/economic-letter/2021/august/effects-of-asset-valuations-on-us-wealth-distribution/
Figure 1 uses the Federal Reserve's flow of funds data to track wealth distribution by percentiles over the past three decades (see Batty et al.
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24 Wealth Inequality by Country 2022 - World Population Review
https://worldpopulationreview.com/country-rankings/wealth-inequality-by-country
Wealth inequality, also known as the wealth gap, is a measure of the distribution of wealth—essentially the difference between the richest of the rich and ...
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25 An agent-based model of the observed distribution of wealth ...
https://www.osti.gov/servlets/purl/1474734
Abstract Pareto cautiously asserted that the wealth and income distributions which bear his name are universal, basing his argument on observations of this ...
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26 The Distribution of Wealth and the MPC: Implications of New ...
https://www.aeaweb.org/articles?id=10.1257/aer.104.5.107
JEL Classification · D31 Personal Income, Wealth, and Their Distributions · E21 Macroeconomics: Consumption; Saving; Wealth ...
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27 New evidence for the power-law distribution of wealth
https://www.sciencedirect.com/science/article/pii/S0378437197002173
We present a non-conventional approach for studying the distribution of wealth in society. We analyze data from the 1996 Forbes 400 list of the richest ...
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28 The Not-So-Common-Wealth of Australia: Evidence for a ...
https://www.hbs.edu/ris/Publication%20Files/norton%20neal%20govan%20ariely%20holland_9c8b4689-d8f7-43c1-82e3-e85f552caca4.pdf
United States and favor a more equal wealth distribution (Norton & Ariely, 2011). ... assessed Australians' perceived and ideal wealth distributions and ...
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29 World Inequality Database: Home - WID
https://wid.world/
Home The source for global inequality data. Open access, high quality wealth and income inequality data developed by an international academic consortium.
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30 Earnings growth and the wealth distribution - PNAS
https://www.pnas.org/doi/full/10.1073/pnas.2025368118
by TJ Sargent · 2021 · Cited by 9 —
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31 THE DISTRIBUTION OF WEALTH IN THE BLANCHARD ...
https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/distribution-of-wealth-in-the-blanchardyaari-model/02522D3ADFD9A1A99C2650DFABDB220E
We study the dynamics of the distribution of wealth in an economy with infinitely lived agents, intergenerational transmission of wealth, and redistributive ...
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32 Americans Want to Live in a Much More Equal Country (They ...
https://www.theatlantic.com/business/archive/2012/08/americans-want-to-live-in-a-much-more-equal-country-they-just-dont-realize-it/260639/
We asked thousands of people to describe their ideal distribution of wealth, from top to bottom. The vast majority -- rich, poor, ...
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33 The UK's wealth distribution and characteristics of high
https://www.resolutionfoundation.org/app/uploads/2020/12/The-UKs-wealth-distribution.pdf
SOURCE: World Inequality Database, 2020; ONS, Wealth and Assets Survey. Long-run estimates of the UK wealth distribution (Figure 1) show that the share of ...
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34 Quality of Life and the Distribution of Wealth and Resources
https://www.uvm.edu/~jfarley/publications/ch12-p1.pdf
Thus, a more fair distribution of resources and wealth within and between generations need not require a sacrifice in QOL for the current generation, increasing ...
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35 Distribution of Income and Wealth Among Individuals - jstor
https://www.jstor.org/stable/1912788
Implications for the distribution of wealth and income of alternative assumptions about savings, reproduction, inheritance policies, and labor homogeneity ...
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36 Inequitable distribution of wealth | The Encyclopedia of World ...
http://encyclopedia.uia.org/en/problem/inequitable-distribution-wealth
Income distribution in agrarian or traditional societies should be analysed principally by the way in which ownership is distributed, and, consequently, by the ...
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37 8.5A: Distribution of Wealth and Income - Social Sci LibreTexts
https://socialsci.libretexts.org/Bookshelves/Sociology/Introduction_to_Sociology/Book%3A_Sociology_(Boundless)/08%3A_Global_Stratification_and_Inequality/8.05%3A_A_Comparative_Analysis_of_Global_Stratification_in_Mexico/8.5A%3A_Distribution_of_Wealth_and_Income
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It differs from the income distribution in ...
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38 Income Inequality Definition: Examples and How It's Measured
https://www.investopedia.com/terms/i/income-inequality.asp
The less equal the distribution, the higher income inequality is. Income inequality is often accompanied by wealth inequality, which is the uneven ...
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39 The Distribution of Wealth: A Theory of Wages, Interest and ...
https://oll.libertyfund.org/title/clark-the-distribution-of-wealth-a-theory-of-wages-interest-and-profits
The production of wealth, as it is carried on by an organized society, is a process that embraces within itself both exchange and distribution. This fact makes ...
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40 Skewed Wealth Distributions: Theory and Empirics
https://www.newyorkfed.org/medialibrary/media/research/conference/2016/woodford/benhabib_jess_1_paper
on the distribution of wealth in terms of the underlying economic mechanism gen- erating skewness and thick tails. Further, we show how these mechanisms can ...
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41 The distribution of wealth and the ... - Wiley Online Library
https://onlinelibrary.wiley.com/doi/pdf/10.3982/QE694
Wealth distribution, marginal propensity to consume, heterogeneity, inequality. JEL classification. D12, D31, D91, E21. 1. Introduction. In capitalist economies ...
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42 Measuring Distribution and Mobility of Income and Wealth
https://press.uchicago.edu/ucp/books/book/chicago/M/bo181479073.html
The book Measuring Distribution and Mobility of Income and Wealth, Raj Chetty, John N. Friedman, Janet C. Gornick, Barry Johnson, and Arthur Kennickell is ...
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43 Wealth, Income, and Power - Who Rules America?
https://whorulesamerica.ucsc.edu/power/wealth.html
Numerous studies show that the wealth distribution has been concentrated throughout American history, with the top 1% already owning 40-50% in large port cities ...
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44 Inheritances and the Distribution of Wealth Or Whatever ...
https://www.bls.gov/osmr/research-papers/2011/pdf/ec110030.pdf
Over the lifetime, about 30 percent of households could expect to receive a wealth transfer and these would account for close to. 40 percent of their net worth ...
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45 The distribution of wealth in Spain and the USA - Springer Link
https://link.springer.com/article/10.1007/s13209-021-00232-w
Recent studies on wealth inequality have found a wide heterogeneity on the type of assets owned along the wealth distribution.
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46 Wealth Distribution - NetLogo Models Library
https://ccl.northwestern.edu/netlogo/models/WealthDistribution
To observe the equity (or the inequity) of the distribution of wealth, a graphical tool called the Lorenz curve is utilized. We rank the population by their ...
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47 Global Wealth Report - Credit Suisse
https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html
The thirteenth edition of the Global Wealth Report shows continued wealth growth across all regions led by North America and China. Total global wealth grew ...
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48 Wealth Distribution in Villages. Transition From Socialism to ...
https://www.frontiersin.org/articles/827143
Socio-economic inequalities derived from an exhaustive wealth distribution is studied in a closed geographical region from Transylvania (Romania).
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49 The U.S. Inequality Debate | Council on Foreign Relations
https://www.cfr.org/backgrounder/us-inequality-debate
Public policy experts call income and wealth inequality one of the defining challenges ... U.S. Income Distribution Weighted Toward the Top.
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50 Global Economic Inequality - Our World in Data
https://ourworldindata.org/global-economic-inequality
How is this distribution changing? ... The global inequality of opportunity in today's world is the consequence of global inequality in health, wealth, ...
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51 Income and Wealth Distribution in Macroeconomics
https://academic.oup.com/restud/article/89/1/45/6149490
Fat tails. As shown in Proposition 3, the stationary wealth distribution in the Huggett economy with a bounded income process is bounded above. More generally, ...
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52 Distribution of Income and Wealth Among Individuals
http://piketty.pse.ens.fr/fichiers/Stiglitz1969.pdf
develop a theory of distribution of wealth and income among individuals.2 The purpose of this study is to isolate some of the economic forces which in the ...
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53 The distribution of wealth | Trust for London
https://www.trustforlondon.org.uk/data/wealth-distribution/
Total net wealth is an estimate of the value of wealth held by all private households, including net property, net financial, private pension and physical ...
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54 The wage curve across the wealth distribution | CEPR
https://cepr.org/voxeu/columns/wage-curve-across-wealth-distribution
The uneven distribution of wealth in society is commonly perceived as a matter of concern per se for inequality-averse policymakers.
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55 This viral video is right: We need to worry about wealth ...
https://www.washingtonpost.com/news/wonk/wp/2013/03/06/this-viral-video-is-right-we-need-to-worry-about-wealth-inequality/
Do you remember the Ariely and Norton study? It's a beautiful piece of work. First, they asked Americans what their ideal distribution of wealth ...
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56 The Distribution of Income, Wealth, and Taxes Across ...
https://ofm.wa.gov/reports/income_wealth_report.pdf
Estimates of wealth distribution by quintile and/or decile for most current data (2010). · The combined Washington state and local tax burden by decile for most ...
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57 Distributions of household economic accounts for wealth of ...
https://www150.statcan.gc.ca/n1/daily-quotidien/210907/dq210907b-eng.htm
At the other end of the wealth distribution, 34% of all Canadian households with wealth under $10,000 held about 2% of the total wealth compared with. 33% of ...
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58 The Bottom 50% of Americans Are Building Wealth Even as ...
https://www.bloomberg.com/news/articles/2022-08-29/america-s-bottom-50-are-building-wealth-even-as-inflation-bites
The lower half of US households have continued to fare better than the middle class in 2022 in terms of wealth growth. The US working class ...
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59 California's Geography of Wealth - Legislative Analyst's Office
https://lao.ca.gov/reports/2019/4093/ca-geography-wealth-090519.pdf
uneven geographical distribution of wealth. This publication provides a short introduction to the geography of wealth in. California based on data from the ...
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60 Americans Continue to Say U.S. Wealth Distribution Is Unfair
https://news.gallup.com/poll/182987/americans-continue-say-wealth-distribution-unfair.aspx
The majority of Americans (63%) say money and wealth in the U.S. should be more evenly distributed, similar to the 60% who felt this way in ...
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61 Distribution of individual total wealth by characteristic in Great ...
https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/distributionofindividualtotalwealthbycharacteristicingreatbritain/april2018tomarch2020
3. Distribution of wealth · Figure 1: The wealthiest 10% of individuals hold almost half of all wealth · Figure 2: Median and mean total ...
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62 Curious About the Distribution of Wealth in the US?
https://onlinedegrees.nku.edu/articles/sociology/distribution-of-wealth-in-us.aspx
It may seem wealth distribution is a matter of economic data and statistics. But the economy is a representation of socioeconomic conditions and ...
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63 Does Wealth Inequality Matter for Growth? The Effect of ...
https://www.iza.org/publications/dp/7733/does-wealth-inequality-matter-for-growth-the-effect-of-billionaire-wealth-income-distribution-and-poverty
IZA DP No. 7733: Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty ... A fundamental question in social ...
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64 Distribution of wealth in the US: what's the problem? - MinnPost
https://www.minnpost.com/minnesota-blog-cabin/2013/10/distribution-wealth-us-whats-problem/
For instance, even as wealth inequality has been growing, the average house size has too. The middle class of today owns more house, better cars ...
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65 India: extreme inequality in numbers - Oxfam International
https://www.oxfam.org/en/india-extreme-inequality-numbers
The top 10% of the Indian population holds 77% of the total national wealth. 73% of the wealth generated in 2017 went to the richest 1%, while *670 million ...
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66 Distribution, wealth and demand regimes in historical ...
https://www.elgaronline.com/view/journals/roke/9-3/roke.2021.03.03.xml
In Post-Keynesian economics the analyses of the effects of changes in income distribution and of changes in wealth have largely proceeded separately, which ...
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67 Wealth distribution and social mobility - Bruegel
https://www.bruegel.org/report/wealth-distribution-and-social-mobility
Wealth composition is compared across social groups and countries, and the role of housing assets in wealth distribution and negative wealth is ...
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68 How To Watch The Widening Income Gap in (Almost) Real Time
https://time.com/6143809/theres-a-new-way-to-watch-the-widening-income-gap-in-almost-real-time/
“Which parts of the distribution are growing and how fast? ... the way national wealth is apportioned to different groups of Americans.
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69 Income Inequality in California
https://www.ppic.org/publication/income-inequality-in-california/
Families in the bottom third of the income distribution are at risk of poverty absent major safety net programs. Wealth is more unevenly ...
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70 All the World's Wealth in One Visual - HowMuch.net
https://howmuch.net/articles/distribution-worlds-wealth-2019
The researchers at Credit Suisse define wealth, or “net worth,” as the sum total of all financial assets minus any debts. One can argue with the ...
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71 Uneven Wealth Distribution in the United States
https://storymaps.arcgis.com/stories/ad7fca0337024e7fa8e9d88cdf4ff158
Wealth inequality is the uneven distribution of wealth among residents of the United States. The gap between the lower class and the upper class ...
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72 Distribution of wealth across New Zealand households ...
https://www.stats.govt.nz/news/distribution-of-wealth-across-new-zealand-households-remains-unchanged-between-2015-and-2021
› news › distribution-of-wealt...
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73 Distribution of Wealth and Income
http://kolibri.teacherinabox.org.au/modules/en-boundless/www.boundless.com/sociology/textbooks/boundless-sociology-textbook/global-stratification-and-inequality-8/a-comparative-analysis-of-global-stratification-in-mexico-71/distribution-of-wealth-and-income-416-10395/index.html
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It differs from the income distribution in that it looks at ...
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74 The Scale of Economic Inequality in the UK | The Equality Trust
https://equalitytrust.org.uk/scale-economic-inequality-uk
Wealth in Great Britain is even more unequally divided than income. In 2016, the ONS calculated that the richest 10% of households hold 44% of all wealth. The ...
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75 Economic Growth and Stratification of Wealth - Digital History
https://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=11&psid=3840
Distribution of Wealth ; City, Year, Proportion of wealth owned by: ; City, Year · Richest 1 Percent ; Boston, 1848, 42 percent ; Brooklyn, 1841, 37 ...
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76 Summary Indicators of Income and Wealth Distribution
https://www.abs.gov.au/statistics/detailed-methodology-information/concepts-sources-methods/survey-income-and-housing-user-guide-australia/2019-20/summary-indicators-income-and-wealth-distribution
A frequency distribution illustrates the location and spread of income and wealth within a population. It groups the population into classes by ...
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77 US household income distribution data, shown in one chart
https://www.weforum.org/agenda/2022/07/household-income-distribution-wealth-inequality-united-states/
Income inequality and wealth disparity have been frequent topics of conversation, even before the pandemic upended the economy. Now, rising ...
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78 Champagne Glass Distribution of Wealth - Graphic Sociology
https://thesocietypages.org/graphicsociology/2009/05/27/champagne-glass-distribution-of-wealth/
I found a much earlier 1992 version of the champagne glass distribution of wealth graphic and wanted to give credit where credit is due.
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79 The Distribution of Income and Wealth | Levy Economics Institute
https://www.levyinstitute.org/research/the-distribution-of-income-and-wealth
The Distribution of Income and Wealth ... Economic inequality has been a prominent and perennial concern in economics and public policy. The rise in inequality ...
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80 No. 30 Housing, Wealth Accumulation and Wealth Distribution
http://www.lisdatacenter.org/wps/lwswps/30.pdf
Keywords: housing, wealth distribution, wealth accumulation, intergenerational wealth transfers, mortgage debt, household portfolio, inequality, mobility, ...
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81 The Role of Politics in Wealth Distribution - The New York Times
https://www.nytimes.com/2012/10/14/business/the-role-of-politics-in-wealth-distribution.html
Mitt Romney's depiction of 47 percent of America as wealth takers touched on some unsettling facts about politics and wealth distribution.
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82 The Distribution of Wealth in America, 1983-2013 | Hudson
https://www.hudson.org/economics/the-distribution-of-wealth-in-america-1983-2013
The distribution of wealth in the United States is more concentrated than the distribution of income, as reported in the Current Population Survey conducted ...
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83 Richest 1% gained $6.5 trillion in wealth last year - CNBC
https://www.cnbc.com/2022/04/01/richest-one-percent-gained-trillions-in-wealth-2021.html
The top 1% owned a record 32.3% of the nation's wealth as of the end of 2021, data show. The share of wealth held by the bottom 90% of Americans ...
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84 United States of America - Poverty and wealth
https://www.nationsencyclopedia.com/economies/Americas/United-States-of-America-POVERTY-AND-WEALTH.html
Income distribution in the United States has remained relatively constant since World War II, but by the 1990s the wealthiest groups had gained a larger ...
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85 Human Development and Wealth Distribution, By Dominique ...
https://www.imf.org/en/News/Articles/2015/09/28/04/53/sp110110
› News › Articles › 2015/09/28
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86 The Top Tail of the Wealth Distribution in Germany, France ...
https://d-nb.info/1153346265/34
shed light on the top wealth distribution in Germany, France, Spain, and Greece by integrat- ing household survey data and rich lists of the ...
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87 Inheritances, social classes, and wealth distribution | PLOS ONE
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0259002
All other sources of wealth are neglected. We consider different societies characterized by a different offspring probability distribution. We ...
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88 Economic divide: how equal is Switzerland's wealth distribution?
https://www.swissinfo.ch/eng/economic-divide--how-equal-is-switzerland-s-wealth-distribution-/47609892
Distribution of total wealth, by world region and in Switzerland, 2021. The richest 10% have about 60-80% of the wealth, while the poorest half ...
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89 Harvard Stone Program in Wealth Distribution, Inequality, and ...
https://inequality.hks.harvard.edu/
Harvard Kennedy School's Stone Program in Wealth Distribution, Inequality, and Social Policy brings together the social sciences in the study of economic ...
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90 Estimating the Marginal Propensity to Consume Using the ...
https://www.bostonfed.org/publications/research-department-working-paper/2019/estimating-the-marginal-propensity-to-consume-using-the-distributions-income-consumption-wealth.aspx
For low-wealth households, the MPC is 10 times larger than it is for wealthy ... Marginal Propensity to Consume ,; Wealth Distribution ,; inequality ...
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91 These 15 countries have the widest gaps between rich and poor
https://www.usatoday.com/story/money/2019/05/28/countries-with-the-widest-gaps-between-rich-and-poor/39510157/
As wealth continues to concentrate at the top – now the wealthiest 10% of American households control nearly 75% of household net worth ...
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92 Distribution of Household Income in America, Visualized as ...
https://www.titlemax.com/discovery-center/money-finance/household-income-in-america/
It's time to paint a picture of the wealth distribution in America. Just how many people are below the poverty line, and how many people own the majority of ...
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93 Regional Income And Wealth Inequality 2022
https://www.gfmag.com/global-data/economic-data/wealth-distribution-income-inequality
The idea that more wealth for some will translate into more wealth for everyone has deep roots. Today, data shows that the gap between the ...
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