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Annual income data may provide a misleading indicator of enduring income inequality in societies where there is considerable year-to-year income mobility. Using two rounds of data on households, the paper measures income mobility in the People’s Republic of China (PRC) between the early 1990s...
Persistent link: https://www.econbiz.de/10008462343
In most developing countries, income inequality tends to worsen during initial stages of growth, especially in urban areas. The People’s Republic of China (PRC) provides a sharp contrast where income inequality among urban households is lower than that among rural households. In terms of...
Persistent link: https://www.econbiz.de/10008487570
Poverty and income inequality remain a stubborn challenge in Asia and the Pacific despite the region’s rapid economic … expansion in previous decades, which lifted millions out of poverty. Financial inclusion is often considered as a critical … between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement …
Persistent link: https://www.econbiz.de/10011240251