Inequality in the Distribution of Personal Income in the World: How it is Changing and Why
AbstractThe variance in the logarithms of per capita GDP in purchasing-power-parity prices increased prices increased in the world from 1960 to 1968 and decreased since the mid 1970s. In the later period the convergence in intercountry incomes more than offset any increase in within country inequality. Approximately two-thirds of this measure of world inequality is intercountry, three-tenths interhousehold within country inequality, and one-twentieth between gender differences in education. If China is excluded from the world sample, the decline in world inequality after 1975 is not evident. Measuring confidently trends in household and gender inequality will require much improved data.
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Bibliographic InfoPaper provided by Economic Growth Center, Yale University in its series Working Papers with number 784.
Length: 65 pages
Date of creation: Jan 1998
Date of revision:
world inequality; household inequality; gender inequality;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
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