Ravallion, Martin; Chen, Shaohua - National Bureau of Economic Research - 2021
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … recently committed to expanding the middle-income share--moving to a less polarized "olive-shaped" distribution. Recognizing … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of …
