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Global inequality recalculated : the effect of new 2005 PPP estimates on global inequality
Milanovic, Branko - Economics Research, World Bank Group - 2009
. Inequality between global citizens is estimated at 70 Gini points rather than 65 as before. The richest decile receives 57 …
Persistent link: https://www.econbiz.de/10008512546
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Global inequality : from class to location, from proletarians to migrants
Milanovic, Branko - Economics Research, World Bank Group - 2011
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income … migration is probably the most powerful tool for reducing global poverty and inequality. …
Persistent link: https://www.econbiz.de/10009320560
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Global income distribution : from the fall of the Berlin Wall to the great recession
Lakner, Christoph; Milanovic, Branko - Economics Research, World Bank Group - 2013
The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. When it is adjusted for the likely under-reporting of...
Persistent link: https://www.econbiz.de/10010721563
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The inequality possibility frontier : extensions and new applications
Milanovic, Branko - Economics Research, World Bank Group - 2013
This paper extends the Inequality Possibility Frontier approach in two methodological directions. It allows the social … minimum to increase with the average income of a society, and it derives all the Inequality Possibility Frontier statistics … for two other inequality measures besides the Gini. Finally, it applies the framework to contemporary data, showing that …
Persistent link: https://www.econbiz.de/10010659597
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Party age and party color : new results on the political economy of redistribution and inequality
Keefer, Philip; Milanovic, Branko - Economics Research, World Bank Group - 2014
This paper advances research on inequality with unique, new data on income distribution in 61 countries, including 20 …
Persistent link: https://www.econbiz.de/10011094575
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The return of"patrimonial capitalism": review of Thomas Piketty's capital in the 21st century
Milanovic, Branko - Economics Research, World Bank Group - 2014
The paper provides a detailed review of Thomas Piketty's book"Capital in the 21st century."It focuses on the new contributions of the book, and in particular on its unified treatment of economic growth, functional income distribution, and concentration of personal income. It concludes that...
Persistent link: https://www.econbiz.de/10010829542
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Four critiques of the redistribution hypothesis : an assessment
Milanovic, Branko - Economics Research, World Bank Group - 2009
This paper discusses and assesses critiques of the aurhor's reformulation of the median voter hypothesis and its testing. The author rephrases and redefines more correctly the redistribution hypothesis and clarifies its relationship with the median voter hypothesis. He also reviews four types of...
Persistent link: https://www.econbiz.de/10008509280
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Where in the world are you ? Assessing the importance of circumstance and effort in a world of different mean country incomes and (almost) no migration
Milanovic, Branko - Economics Research, World Bank Group - 2008
Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10005129015
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True world income distribution, 1988 and 1993 - first calculations, based on household surveys alone
Milanovic, Branko - Economics Research, World Bank Group - 1999
countries, are adjusted for differences in purchasing power parity between the countries. Measured by the Gini Index, inequality … between countries than by rising inequalities within countries. Contributing most to the inequality were rising urban …
Persistent link: https://www.econbiz.de/10005133573
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Can we discern the effect of globalization on income distribution? evidence from household budget surveys
Milanovic, Branko - Economics Research, World Bank Group - 2002
The effects of globalization on income distribution in rich and poor countries are a matter of controversy. While international trade theory in its most abstract formulation implies that increased trade and foreign investment should make income distribution more equal in poor countries and less...
Persistent link: https://www.econbiz.de/10005133873