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Combining consensus forecasts of growth of population and real incomes during 2014-35 with household income surveys for more than a hundred countries accounting for the bulk of the world economy, we project the income distribution in 2035 across all individuals in the world. We find that the...
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Individuals drive the global distribution of income and consumption -- Macroeconomic and demographic driving factors -- Global income distribution-past, present, future -- Ensuing shifts in consumption patterns worldwide -- Infrastructure needs -- Implications for public policies -- World on the...
Persistent link: https://www.econbiz.de/10013378370
Combining consensus forecasts of growth of population and real incomes during 2014-35 with household income surveys for more than a hundred countries accounting for the bulk of the world economy, we project the income distribution in 2035 across all individuals in the world. We find that the...
Persistent link: https://www.econbiz.de/10013024470
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This paper studies the empirical links among factor endowments, trade, and personal income distribution. The motivation is that many developing countries have implemented radical trade reforms in recent years. These reforms have changed relative prices, induced a reallocation of resources, and...
Persistent link: https://www.econbiz.de/10013126551