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In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10013170291
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a sample of firms from 87 countries for the period from 1979 to 2018, we document that firm-level investment is negatively associated with various measures of income inequality. This...
Persistent link: https://www.econbiz.de/10013433227
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the …
Persistent link: https://www.econbiz.de/10012588683
We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on … dimensions of inequality, and developing new methodologies to capture the many facets of globalization's relationship to … that focus on distinct aspects of globalization's relationship to inequality. …
Persistent link: https://www.econbiz.de/10014326202
The Covid-19 pandemic has brought about massive declines in wellbeing around the world. This paper seeks to quantify …
Persistent link: https://www.econbiz.de/10012518090
(SEDLAC). Two are based on secondary sources: "All the Ginis" (ATG) and the World Income Inequality Database (WIID); and one … is generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database (SWIID …
Persistent link: https://www.econbiz.de/10011376319
Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard & Poor's, is talking about it. But these conversations about what are arguably the most significant changes in the distribution of incomes and earnings since the 1940s are leading...
Persistent link: https://www.econbiz.de/10011732002
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10011288530
distributions. The methods are illustrated using data from the World Values Survey. …
Persistent link: https://www.econbiz.de/10012140082
Non-intersection of appropriately-defined Generalized Lorenz (GL) curves is equivalent to a unanimous ranking of distributions of ordinal data by all Cowell and Flachaire (Economica 2017) indices of inequality and by a new index based on GL curve areas. Comparisons of life satisfaction...
Persistent link: https://www.econbiz.de/10012140090