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Not everybody is benefiting equally from rising mean incomes. We discuss the mean-income population share (MPS), defined as the population share earning less than the mean income, as an indicator of how representative the mean income is for the mass of the population. This measure is both...
Persistent link: https://www.econbiz.de/10012060337
The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010442772
Persistent link: https://www.econbiz.de/10013437053
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
This paper undertakes an assessment of the evolution of inequality in the distribution of consumption expenditure in India over the last quarter-century, from 1983 to 2009-10, employing data available in the quinquennial 'thick' surveys of the National Sample Survey Office. We find that...
Persistent link: https://www.econbiz.de/10010484907
This paper proposes a single parameter functional form for the Lorenz curve and compares its performance with the existing single parameter functional forms using Australian income data for 10 years. The proposed parametric functional form performs better than the existing Lorenz functional...
Persistent link: https://www.econbiz.de/10012941181
The inequality dataset compiled in the 1990s by the World Bank and extended by the United Nations has been both widely used and strongly criticized. The criticisms raise questions about conclusions drawn from secondary inequality datasets in general. The authors develop techniques to deal with...
Persistent link: https://www.econbiz.de/10014061836
We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) making possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The current benchmark version of the dataset...
Persistent link: https://www.econbiz.de/10011453984
We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) making possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The current benchmark version of the dataset...
Persistent link: https://www.econbiz.de/10011482260
We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) containing an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The benchmark version of the dataset presents...
Persistent link: https://www.econbiz.de/10010428804