IDEAS home Printed from https://ideas.repec.org/a/fip/fedpbr/y2008iq2p23-32.html
   My bibliography  Save this article

The evolution of the world income distribution

Author

Listed:
  • Keith Sill

Abstract

There is tremendous disparity in the levels of individuals’ incomes across countries. However, this disparity in per capita income has not always existed. In “The Evolution of the World Income Distribution,” Keith Sill investigates some facts about the evolution of per capita income across countries and reviews a simple model that broadly captures the observed evolution of the world income distribution since 1800. He then discusses what predictions can be made about future cross-country distributions of income and some policy prescriptions that follow from our understanding of the past and our predictions about the future.

Suggested Citation

  • Keith Sill, 2008. "The evolution of the world income distribution," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 23-32.
  • Handle: RePEc:fip:fedpbr:y:2008:i:q2:p:23-32
    as

    Download full text from publisher

    File URL: http://www.philadelphiafed.org/research-and-data/publications/business-review/2008/q2/sill_evolution-of-world-income-distribution.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Randolph, William C, 1988. "Housing Depreciation and Aging Bias in the Consumer Price Index," Journal of Business & Economic Statistics, American Statistical Association, vol. 6(3), pages 359-371, July.
    2. David Genesove, 2003. "The Nominal Rigidity of Apartment Rents," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 844-853, November.
    3. Randolph, William C., 1988. "Estimation of housing depreciation: Short-term quality change and long-term vintage effects," Journal of Urban Economics, Elsevier, vol. 23(2), pages 162-178, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Income distribution;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedpbr:y:2008:i:q2:p:23-32. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beth Paul). General contact details of provider: http://edirc.repec.org/data/frbphus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.