I need some help with a question I need to answer as part of an assignment.

We are given the following table giving household portfolio beta coefficients for different net wealth distribution percentiles (in Sweden from 1999 to 2007). No other date is available. From the table, I need to

1) interpret the results of the table (presumably to comment portfolio diversification, risk aversion etc in the various percentiles) and

2) comment on whether risk could be a factor in explaining wealth inequality?

Percentiles Beta Coefficient

50-55 0.748

55-60 0.753

60-65 0.756

65-70 0.759

70-75 0.762

75-80 0.767

80-85 0.774

85-90 0.785

90-95 0.802

95-97.5 0.823

97.5-99 0.841

99-99.9 0.876

100 0.912