Does the Centre Hold? Testing Palma's Proposition (A Comment)
type="main"> <title type="main">ABSTRACT</title> <p>This Comment tests empirically the important proposition made by Palma in this journal (Development and Change, 2011) that deciles 5 to 9 of the income distribution across developing economies have been able to secure and defend a stable share (around 50 per cent) of the total available income, so that changes in income inequality are now a matter of struggle between the top 10 per cent and the bottom 40 per cent of the population, ranked by income. The author finds that the proposition does not hold: changes in top 10 per cent shares are matched by changes in the shares of both the other cohorts.
Year of publication: |
2014
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Authors: | Hazledine, Tim |
Published in: |
Development and Change. - International Institute of Social Studies. - Vol. 45.2014, 6, p. 1409-1415
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Publisher: |
International Institute of Social Studies |
Saved in:
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