This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … coefficient, inequality between countries accounts for about two-thirds of global income inequality, but noticeably less - around … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …

-benefit policies stabilized earnings losses. We then evaluate the impact on income-based poverty and inequality and the contribution of … inequality, and somewhat larger effects on the poverty gap due to lower relative earnings losses of the poor population at the … discretionary tax-benefit policies in alleviating the shock. Our analysis shows modest increases in headcount poverty rates and …

of these measures on income-based poverty and inequality. We find notable reductions in disposable incomes, concentrated … among higher-income households, and moderate increases in headcount poverty rates and poverty gaps. The study highlights the …

the differences across the income distribution and impacts on measures of poverty and inequality. The paper also evaluates … experienced by higher-income households. Additionally, the estimates point to moderate increases in both the headcount poverty … rate and the extent of poverty, as measured by the poverty gap. Automatic stabilizers had a limited effect in cushioning …

The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African … government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article … specifies government's stated target of halving poverty by 2014 in terms of specific measures of the poverty gap and poverty …

Understanding wealth inequality has unique significance in South Africa. The coexistence of extreme poverty and extreme … wealth is starkly visible. Apartheid-era inequality has persisted despite more than 20 years of democracy. Much of the … research on inequality has focused on inequality of income and of opportunities. There is a large gap in understanding wealth …

This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the … forces that determine inequality change, focusing on factor accumulation and structural change. Next it considers the …

Using comparable fiscal incidence analysis, this paper examines the impact of fiscal policy on inequality and poverty … targeted at the rich. While fiscal policy always reduces inequality, this is not the case with poverty. Fiscal policy increases … poverty in 4 countries using a US$1.25/day PPP poverty line, in 8 countries using a US$2.50/day line, and in 15 countries …

, that direct taxes and cash transfers are overall progressive and reduce inequality and poverty. Our disaggregated analyses … of fiscal policy on income redistribution, and poverty in South Africa. We find, in accordance with previous research …