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Using urban household survey data collected by National Bureau of Statistics of China from 1988-2009, this study examines the distribution, composition, and changes of capital income and its contribution to income inequality. The data shows that capital income has increased considerably in past...
Persistent link: https://www.econbiz.de/10009359921
This paper investigates how financial globalization and financial development affect income inequality within a country. We demonstrate that when a country is financially closed to the world market, the Gini coefficient is monotonically decreasing with respect to the degree of financial...
Persistent link: https://www.econbiz.de/10005621343
There is mixed evidence in the literature of a clear relationship between income inequality and economic growth. Most of that work has focused almost exclusively on developed economies. In what we believe to be a first effort, our emphasis is solely on developing economics, which we classify as...
Persistent link: https://www.econbiz.de/10011113677
This note documents the method for calculating Gini Coefficients in R using 2000 Census data. Many people have use this method for computing Ginis for ZCTA’s for example. You can find these estimates for both the 50 states, as well as all US counties and additional information about Gini...
Persistent link: https://www.econbiz.de/10011114190
In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence cannot be detected at the...
Persistent link: https://www.econbiz.de/10005623539