Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Lakner, Christoph
dc.contributor.author
Milanovic, Branko
dc.date.accessioned
2014-02-05T18:38:16Z
dc.date.available
2014-02-05T18:38:16Z
dc.date.issued
2013-12
dc.description.abstract
The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. When it is adjusted for the likely under-reporting of top incomes in surveys by using the gap between national accounts consumption and survey means in combination with a Pareto-type imputation of the upper tail, the estimate is a much higher global Gini of almost 76 percent. With such an adjustment the downward trend in the Gini almost disappears. Tracking the evolution of individual country-deciles shows the underlying elements that drive the changes in the global distribution: China has graduated from the bottom ranks, modifying the overall shape of the global income distribution in the process and creating an important global "median" class that has transformed a twin-peaked 1988 global distribution into an almost single-peaked one now. The "winners" were country-deciles that in 1988 were around the median of the global income distribution, 90 percent of whom in terms of population are from Asia. The "losers" were the country-deciles that in 1988 were around the 85th percentile of the global income distribution, almost 90 percent of whom in terms of population are from mature economies.
en
dc.identifier.uri
http://hdl.handle.net/10986/16935
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 6719
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AVERAGE ANNUAL
dc.subject
AVERAGE GROWTH
dc.subject
AVERAGE GROWTH RATE
dc.subject
AVERAGE INCOME
dc.subject
AVERAGE INCOMES
dc.subject
BENCHMARK
dc.subject
CAPITAL FLOWS
dc.subject
COMMODITY
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
CONSUMER PRICE INDICES
dc.subject
CONSUMER PRICE INFLATION
dc.subject
CONSUMERS
dc.subject
CONSUMPTION GROWTH
dc.subject
COUNTERFACTUAL
dc.subject
CPI
dc.subject
CROSS-COUNTRY COMPARISONS
dc.subject
CUMULATIVE POPULATION
dc.subject
CURRENCY
dc.subject
DATA SET
dc.subject
DATA SETS
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPMENT POLICY
dc.subject
DISPOSABLE INCOME
dc.subject
DISTRIBUTION OF INCOME
dc.subject
DISTRIBUTION OF INCOMES
dc.subject
DISTRIBUTIONAL CHANGE
dc.subject
DISTRIBUTIONAL DATA
dc.subject
DOMESTIC PRICES
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
ECONOMIES OF SCALE
dc.subject
EMPIRICAL EVIDENCE
dc.subject
EMPIRICAL WORK
dc.subject
EXCHANGE RATE
dc.subject
EXCHANGE RATES
dc.subject
FINANCIAL SERVICES
dc.subject
FOREIGN AID
dc.subject
FUNCTIONAL FORM
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GINI COEFFICIENT
dc.subject
GINI INDEX
dc.subject
GLOBAL POVERTY
dc.subject
GLOBALIZATION
dc.subject
GOVERNMENT BONDS
dc.subject
GROUP INEQUALITIES
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
HIGHER INEQUALITY
dc.subject
HOUSEHOLD CONSUMPTION
dc.subject
HOUSEHOLD INCOME
dc.subject
HOUSEHOLD SIZE
dc.subject
HOUSEHOLD SURVEY
dc.subject
HOUSEHOLD SURVEY DATA
dc.subject
HOUSEHOLD SURVEYS
dc.subject
INCOME
dc.subject
INCOME CONVERGENCE
dc.subject
INCOME DATA
dc.subject
INCOME DISTRIBUTION
dc.subject
INCOME DISTRIBUTIONS
dc.subject
INCOME GAINS
dc.subject
INCOME GROUP
dc.subject
INCOME GROUPS
dc.subject
INCOME GROWTH
dc.subject
INCOME INEQUALITY
dc.subject
INCOME LEVEL
dc.subject
INCOME LEVELS
dc.subject
INCOME SHARES
dc.subject
INCOME STUDY
dc.subject
INCOME TAX
dc.subject
INCOMES
dc.subject
INCREASING INEQUALITY
dc.subject
INDIVIDUAL COUNTRIES
dc.subject
INDIVIDUAL INCOMES
dc.subject
INEQUALITY
dc.subject
INEQUALITY AVERSION
dc.subject
INEQUALITY MEASURES
dc.subject
JURISDICTION
dc.subject
LOCAL CURRENCIES
dc.subject
LOCAL CURRENCY
dc.subject
LORENZ CURVE
dc.subject
LOW INCOMES
dc.subject
MEAN INCOME
dc.subject
MEAN INCOMES
dc.subject
MEAN LOG DEVIATION
dc.subject
MEASUREMENT ERRORS
dc.subject
MEDIAN INCOME
dc.subject
NATIONAL INCOME
dc.subject
NATIONAL SURVEYS
dc.subject
NOMINAL INCOMES
dc.subject
0 HYPOTHESIS
dc.subject
OBSERVED CHANGES
dc.subject
OVERVALUATION
dc.subject
PARTICULAR COUNTRY
dc.subject
PER CAPITA INCOME
dc.subject
PER CAPITA INCOMES
dc.subject
POLICY DISCUSSIONS
dc.subject
POLICY RESEARCH
dc.subject
POOR
dc.subject
POOR AREAS
dc.subject
POOR COUNTRIES
dc.subject
POOR COUNTRY
dc.subject
POPULATION SHARE
dc.subject
POVERTY MEASUREMENT
dc.subject
POWER PARITIES
dc.subject
PRICE LEVELS
dc.subject
PRIVATE CONSUMPTION
dc.subject
PURCHASING POWER
dc.subject
REAL INCOME
dc.subject
REGIONAL COVERAGE
dc.subject
REGIONAL INEQUALITY
dc.subject
RESIDUAL INEQUALITY
dc.subject
RURAL
dc.subject
RURAL AREAS
dc.subject
RURAL POPULATION
dc.subject
SAVINGS
dc.subject
SOCIAL PROTECTION
dc.subject
SURVEY DESIGN
dc.subject
TROUGH
dc.subject
WORLD DEVELOPMENT INDICATORS
dc.subject
WORLD ECONOMIES
dc.subject
WORLD ECONOMY
dc.title
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession
en
okr.date.disclosure
2013-12-01
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2013/12/18633621/global-income-distribution-fall-berlin-wall-great-recession
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Poverty
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-6719
okr.identifier.externaldocumentum
000158349_20131211100152
okr.identifier.internaldocumentum
18633621
okr.identifier.report
WPS6719
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/12/11/000158349_20131211100152/Rendered/PDF/WPS6719.pdf
en
okr.topic
Poverty Reduction :: Rural Poverty Reduction
okr.topic
Poverty Reduction :: Poverty Impact Evaluation
okr.topic
Economic Theory and Research
okr.topic
Poverty Reduction :: Inequality
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Macroeconomics and Economic Growth
okr.unit
Poverty and Inequality Team, Development Research Group
okr.volume
1 of 1

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