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This paper proposes a concept of inequality comparisons with ordinal multidimensional categorical data. In our model, one population is more unequal than another when they have common arithmetic median outcomes and the first can be obtained from the second by correlation-increasing switches...
Persistent link: https://www.econbiz.de/10010189035
In this paper we describe the major trends in China's income inequality over the past 40 years and explain them as the outcome of four interleaved stories. The first story is a standard development story characterized by structural change, market development, labour absorption, and the Kuznets...
Persistent link: https://www.econbiz.de/10011947107
The interest in the level of global inequality has surged in recent years. This paper complements existing estimates of global inequality by providing the first estimates of the level of bipolarization of the global income distribution. During 1975-2010, global bipolarization declined...
Persistent link: https://www.econbiz.de/10011777701
Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key development aims. Still, an informed debate on the...
Persistent link: https://www.econbiz.de/10012432946
After decades of war, ending in 1992, Mozambique embarked on a path of sustained economic growth and substantial poverty reduction. However, these positive dynamics started to revert from 2015, with per capita growth rates getting close to zero and household real consumption reducing in all...
Persistent link: https://www.econbiz.de/10013463999