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Global Inequality Dynamics: New Findings from WID.world

Facundo Alvaredo (), Lucas Chancel, Thomas Piketty (), Emmanuel Saez and Gabriel Zucman ()
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Lucas Chancel: Paris School of Economics
Emmanuel Saez: University of California at Berkeley

No 201701, Working Papers from World Inequality Lab

Abstract: This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United Kingdom. We observe rising top income and wealth shares in nearly all countries in recent decades. But the magnitude of the increase varies substantially, thereby suggesting that different country-specific policies and institutions matter considerably. Long-run wealth inequality dynamics appear to be highly unstable. We stress the need for more democratic transparency on income and wealth dynamics and better access to administrative and financial data.

New Economics Papers: this item is included in nep-ltv
Date: 2017-01
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http://wid.world/document/f-alvaredo-l-chancel-t-p ... ings-wid-world-2017/ (application/pdf)

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Journal Article: Global Inequality Dynamics: New Findings from WID.world (2017) Downloads
Working Paper: Global Inequality Dynamics: New Findings from WID.world (2017)
Working Paper: Global Inequality Dynamics: New Findings from WID.world (2017) Downloads
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