Some are more equal than others: new estimates of global and regional inequality

"Zsolt Darvas compares four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationall...

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Bibliographic Details
Main Author: Darvas, Zsolt
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2016
Bruegel
Subjects:
Online Access:https://www.labourline.org/KENTIKA-009712482799-Some-are-more-equal-than-other.htm
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author Darvas, Zsolt
author_facet Darvas, Zsolt
collection Library items
description "Zsolt Darvas compares four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationally-comparable dataset of national income distributions than other approaches used in the literature to calculate the global distribution of income. Zsolt suggests a simulation-based technique to estimate the standard error of the global Gini coefficient. Global income inequality among the citizens of 128 countries gradually declined in 1989-2013, largely due to convergence of income per capita, which was offset by a small degree the increase in within-country inequalities. The standard error of the global Gini coefficient is very small. After 1994, market income inequality in the EU28 was at a level similar to market inequality in other parts of the world, but net inequality (after taxes and transfers) is at a much lower level and it declined between 1994 and 2008, since when it remained relatively stable. Regional income inequality is much higher in Asia, Africa, the Commonwealth of Independent states and Latin America than in the EU28.In Asia, regional inequality has increased recent years, while it declined in the other three non-European regions."
format TEXT
id 009712482799_2d62dc9014544cd596678d410cc00e57
institution ETUI-European Trade Union Institute
is_hierarchy_id 009712482799_2d62dc9014544cd596678d410cc00e57
is_hierarchy_title Some are more equal than others: new estimates of global and regional inequality
language English
physical 40 p.
Digital
publishDate 2016
publisher Brussels
Bruegel
spellingShingle Darvas, Zsolt
income distribution
international
methodology
regional disparity
social inequality
Some are more equal than others: new estimates of global and regional inequality
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=105854692303
title Some are more equal than others: new estimates of global and regional inequality
topic income distribution
international
methodology
regional disparity
social inequality
url https://www.labourline.org/KENTIKA-009712482799-Some-are-more-equal-than-other.htm