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Household income surveys often fail to capture top incomes which leads to an underestimation of income inequality. A popular solution is to combine the household survey with data from income tax records, which has been found to result in significant upward corrections of inequality estimates....
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Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two new metadata...
Persistent link: https://www.econbiz.de/10012966024
In the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the dispersion of average incomes across countries. Between 1988 and 2008, a period of rapidly increasing global integration, income growth was largest for the global top 1 percent and...
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Income differences arise from many sources. While some kinds of inequality, caused by differential rewards to effort, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two...
Persistent link: https://www.econbiz.de/10014109968
The April 2022 update to the newly launched Poverty and Inequality Platform (PIP) involves several changes to the data underlying the global poverty estimates. Some welfare aggregates have been changed for improved harmonization, and the CPI, national accounts, and population input data have...
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This paper nowcasts poverty in India, one of the countries with the largest population below the international poverty line of $1.90 per person per day. Because the latest official household survey dates back to 2011/12, there is considerable uncertainty about recent poverty trends in the...
Persistent link: https://www.econbiz.de/10013255218
Spanish Abstract: Este artículo presenta una base de datos recién compilada y mejorada de encuestas nacionales de hogares entre 1988 y 2008. En 2008, el índice global de Gini es de un 70,5% después de disminuir en cerca de 2 puntos Gini en este periodo. Cuando se ajusta por el probable...
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