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This paper has the aim of contributing to the existing research by analyzing two particular topics. First of all, we update the data set used by Alesina et al.(2003) into the 1990s to analyze the robustness of their results in a wider time range. Furthermore, we analyze whether the effect of...
Persistent link: https://www.econbiz.de/10005765435
In this paper we analyze the world´s cross-national distribution of income and its evolution from 1970 to 2003. We argue that modeling this distribution by a finite mixture and investigating its number of components has advantages over nonparametric inference concerning the number of modes. In...
Persistent link: https://www.econbiz.de/10005765442
We estimate and analyze the global income distribution from national log-normal income distributions for the years 1970 to 2003, as well as the income distribution of seven regional subsamples. From these distributions we obtain measures for global and regional inequality and poverty, and find...
Persistent link: https://www.econbiz.de/10005596830
This paper contributes towards the growing debate concerning the world distribution of income and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is...
Persistent link: https://www.econbiz.de/10005635399