What might explain today's conflicting narratives on global inequality?
Martin Ravallion
No wp-2018-141, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
How unequal is the world today? Is global income inequality falling, as many economists claim, or is it rising, as one often hears? This paper reviews the arguments and evidence. A number of concerns about the underlying data are identified, with biases going in both directions. Conceptual issues further cloud the picture. The claim that global inequality has been falling since 1990 can be defended for a subset of the admissible parameter values, but only a subset.
Keywords: Global inequality; Measurement; Household survey; Axioms; Growth (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2018-141
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