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As embodied in the concept of "inequality extraction" (Branko Milanovic), it is not possible to increase inequality (especially income inequality) in a society sustainably to levels beyond what is actually socially acceptable (and even less to levels endangering physical subsistence of parts of...
Persistent link: https://www.econbiz.de/10011644643
Longitudinal surveys can give insight into economic mobility, which allows us to understand how markers of (dis)advantage are consequential in determining material conditions in the present, and how these markers structure economic opportunity over time. In this paper we show that this dynamic...
Persistent link: https://www.econbiz.de/10011987096
With the data on the top incomes collected from different sources, we combine the samples of the top incomes with a household survey to investigate changes in the income distribution with and without the top incomes. The Gini coefficient of income inequality using household survey data is 0.464...
Persistent link: https://www.econbiz.de/10011962564
By using the five waves of the China Household Income Project surveys conducted during 1988-2013, this paper investigates long-term changes in income inequality and poverty in China. Income inequality rose before 2007 and then fell by a small amount. The main reason for the rise in income...
Persistent link: https://www.econbiz.de/10011944735
In this paper, we use tax and household survey data to assess the history of income distribution in Argentina since the beginning of the 20th century. Until the 1970s, the country experienced a fall in inequality in spite of lower income growth. Since then, inequality has generally increased...
Persistent link: https://www.econbiz.de/10011885883
We compare four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationally-comparable...
Persistent link: https://www.econbiz.de/10011578053
How unequal is the world today? Is global income inequality falling, as many economists claim, or is it rising, as one often hears? This paper reviews the arguments and evidence. A number of concerns about the underlying data are identified, with biases going in both directions. Conceptual...
Persistent link: https://www.econbiz.de/10011938091
We examine the effect of economic globalisation on income redistribution and hypothesise that it depends on ethnic fractionalisation. In highly fractionalised countries, powerful ethnicities are able to extract globalisation-induced benefits, whereas their governments face substantial political...
Persistent link: https://www.econbiz.de/10012130069
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/10011777701
GDP contractions are typically associated with within-country income inequality increases. While official income inequality data for 2020 will not be available for about two years, the already available employment data for 2020 shows that the difference between highly-educated and low-educated...
Persistent link: https://www.econbiz.de/10012507140