Wan, Haiyuan; Gustafsson, Björn; Wang, Yingfei - 2024
Using household data from 1988 to 2018, we confirm that the increase in income inequality in China has come to a halt … in recent years but show that inequality in wealth and consumption continues to increase. We report a clear convergence … of inequality across the different dimensions of income, consumption, and wealth. Households at the top of one dimension …