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Using national income and expenditure distribution data from 119 countries, the authors decompose total income inequality between the individuals in the world, by continent and by "region" (countries grouped by income level). They use a Gini decomposition that allows for an exact breakdown...
Persistent link: https://www.econbiz.de/10012572934
The effects of globalization on income distribution in rich and poor countries are a matter of controversy. While international trade theory in its most abstract formulation implies that increased trade and foreign investment should make income distribution more equal in poor countries and less...
Persistent link: https://www.econbiz.de/10012573148
Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10012552280
The effect of the distribution of political rights on income inequality has been studied both theoretically and empirically. The authors review the existing literature and, in particular, the available empirical evidence. The literature suggests that formal exclusion from the political process...
Persistent link: https://www.econbiz.de/10012573147