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High inequality of wealth and income (or its concentration) is nowadays an international concern, although in many Latin American countries the only concern is to reduce poverty due to a vision associated with the trickle-down economy (Roberts 2022). From the neoliberal perspective and from that...
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This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased dramatically since the 1980s, with a top 1% wealth share of...
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Based on a composite poverty indicator, the analysis of the level and evolution of multidimensional poverty in Togo between 1988 and 1998 reveals a downward trend using both relative and absolute poverty lines. Over the two periods studied, non-monetary poverty strongly increased in the rural...
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In the economic literature on mobility measurement issues are generally disregarded. The aim of the paper is to assess … paper shows that response (or measurement) errors and transitory shocks may account up to 30-50 per cent of the observed … response (or measurement) errors. In the case of Italy, the declining level of observed mobility is downward biased by the …
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As the U.S. population becomes more diverse, it will be increasingly important for policymakers addressing Social Security's solvency to understand how reliant various racial and ethnic groups will be on the program versus other sources of retirement wealth. Yet, to date, studies on retirement...
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Current global inequality measures assume that national-mean income does not matter to economic welfare at given household income, as measured in surveys. The paper questions that assumption on theoretical and empirical grounds and finds that prominent stylized facts about global inequality are...
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