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The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...
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Though much has been written about annual income inequality in China, little research has been conducted on longer run … measures of income inequality and on income mobility. This paper compares income mobility of urban individuals in China and the … United States in the 1990s. The following questions are taken up. To what extent are measures of annual income inequality …
Persistent link: https://www.econbiz.de/10003289890
Though much has been written about annual income inequality in China, little research has been conducted on longer run … measures of income inequality and on income mobility. This paper compares income mobility of urban individuals in China and the … United States in the 1990s. The following questions are taken up. To what extent are measures of annual income inequality …
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