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A Polarization of Polarization? The Distribution of Inequality 1970-1996

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Author Info
Claudia Biancotti () (Bank of Italy, Economic Research Department)

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Abstract

This paper presents a panel of internationally comparable Gini coefficients, based on the United Nations University/World Institute for Development Economics Research (UNU/WIDER) World Income Inequality Database (WIID) version 1.0. The 221 data points that match minimum requirements of spatial and temporal homogeneity cover 67 developed and developing countries and span a twenty-six year period, from 1970 to 1996. Density functions for the Gini coefficients are estimated for selected points in time in order to evaluate how the distribution of inequality has evolved in the recent past: the aim is to offer a concise description of the evolution of polarization of societies in the world. The distribution of inequality appears to be slightly bimodal at the start of the period: alongside a sizable concentration of countries with average levels of distributional asymmetry, there is a smaller one of very unequal nations, mainly located in Latin America. In the following two decades polarization levels are more homogeneous, suggesting a convergence of class structure across states. In recent times, there has been a resurgence of bimodality; the rise in the number of highly polarized, strongly conflictual societies has been driven by transition frictions in the ex-USSR area.

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Paper provided by Bank of Italy, Economic Research Department in its series Temi di discussione (Economic working papers) with number 487.

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Date of creation: Mar 2004
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Handle: RePEc:bdi:wptemi:td_487_04

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Related research
Keywords: Inequality;

Find related papers by JEL classification:
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Marchetti, D.J., 1999. "Markup and the Business Cycle: Evidence from Italian Manufacturing Branches," Papers 362, Banca Italia - Servizio di Studi.
  2. Domenica J. Marchetti, 1999. "Markup and the Business Cycle: Evidence from Italian Manufacturing Branches," Temi di discussione (Economic working papers) 362, Bank of Italy, Economic Research Department. [Downloadable!]
  3. Bonaccorsi di Patti, Emilia & Gobbi, Giorgio, 2001. "The changing structure of local credit markets: Are small businesses special?," Journal of Banking & Finance, Elsevier, vol. 25(12), pages 2209-2237, December. [Downloadable!] (restricted)
  4. Piero Cipollone, 2001. "La convergenza dei salari manifatturieri in Europa," Temi di discussione (Economic working papers) 398, Bank of Italy, Economic Research Department. [Downloadable!]
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  1. Heshmati, Almas, 2004. "Data Issues and Databases Used in Analysis of Growth, Poverty and Economic Inequality," IZA Discussion Papers 1263, Institute for the Study of Labor (IZA). [Downloadable!]
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