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Using a new database of household surveys, this paper examines inequality among all individuals living in developing East Asia regardless of their country of residence. The East Asian Gini index increased from 39.0 in 1988 to 43.3 in 2012. Inequality increased during the initial decade,...
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This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth --...
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Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries' real GDP per capita to examine this...
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Considerable disagreement exists about how economic growth, taxes, and other policies affect the distribution of income from both a theoretical and empirical perspective. This short paper attempts to shed some light on the empirical debate about the role of tax policy in determining economic...
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This paper investigates the nonlinear relationship between income inequality and economic growth using a heterogeneous panel data set of 77 countries. The estimated nonlinear function exhibits relatively smooth regime switching, as regards the income inequality level in the previous period. The...
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