Combining consensus forecasts of growth of population and real incomes during 2014-35 with household income surveys for … 2013, and we project that it will decline further to 61 in 2035, largely owing to rapid economic growth in the emerging … projected GDP growth. …

also small relative to the variation in growth in average incomes, implying that the latter accounts for most of the … variation in income growth in the poorest quintiles. These findings hold across most regions and time periods and when … conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the …

Growth Incidence Curve are also discussed. These are highlighted in an empirical illustration on European countries. …