Wan, Haiyuan; Gustafsson, Björn; Wang, Yingfei - 2024
Using household data from 1988 to 2018, we confirm that the increase in income inequality in China has come to a halt … of inequality across the different dimensions of income, consumption, and wealth. Households at the top of one dimension … analysed, and the savings rate links income and consumption, while capital accumulation is the central mechanism linking income …