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The high level of inequality in China has been a focus of interest for policy makers and researchers. However, few studies have evaluated the trend since 2010. With changes in the economic structure and new policy tools introduced in recent years, a revisit of Chinese inequality should give us...
Persistent link: https://www.econbiz.de/10012955855
This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning down. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined...
Persistent link: https://www.econbiz.de/10012960254
In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households' survey. We adjust the state-Gini coefficients for spatial price differences using information on...
Persistent link: https://www.econbiz.de/10012942346
Despite success in reducing poverty over the last twenty years, inequality in Chile has remained virtually unchanged, making Chile one of the least equal countries in the world. High levels of inequality have been shown to hamper further reductions in poverty as well as economic growth and local...
Persistent link: https://www.econbiz.de/10012770517
Using a panel fixed effects model for a sample of 121 countries covering 1975-2005, we examine how financial development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work, our results suggest that all finance variables increase...
Persistent link: https://www.econbiz.de/10012979661
This paper is the first to decompose absolute global income inequality into its within-country class and between country-location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be...
Persistent link: https://www.econbiz.de/10013025513
The evaluation of development processes and of public policies often involves comparisons of social states that differ in income distributions, population sizes and life longevity. This may require social evaluation principles to be sensitive to the quality, the quantity and the duration of...
Persistent link: https://www.econbiz.de/10013027215
This study tests the effects of inequality of opportunity on the economic performance of Indian states. This is first such attempt using Indian data, and the case is relevant because Indian society is divided into different castes and religious groups. Using two rounds of employment survey data...
Persistent link: https://www.econbiz.de/10012918338
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/10012929507
We study the distribution of income across Indian states for 2014-19 and find significant heterogeneity in income inequality. Particularly concerning in terms of high inequality are states of Uttar Pradesh, Telangana, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Punjab, and Haryana –...
Persistent link: https://www.econbiz.de/10013220283