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Income inequality is cyclical

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  • Branko Milanovic

    (Branko Milanovic is professor at the Graduate Center, City University of New York, New York City, and senior scholar at the Stone Center for Socio-Economic Inequality, New York City. His latest book is Global Inequality: A New Approach for the Age of Globalization.)

Abstract

Periodic rises and falls in the gap between the rich and poor over centuries indicate that inequality will not grow forever, argues Branko Milanovic.

Suggested Citation

  • Branko Milanovic, 2016. "Income inequality is cyclical," Nature, Nature, vol. 537(7621), pages 479-482, September.
  • Handle: RePEc:nat:nature:v:537:y:2016:i:7621:d:10.1038_537479a
    DOI: 10.1038/537479a
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    Cited by:

    1. Benjamin Ferschli & Jakob Kapeller & Bernhard Schütz & Rafael Wildauer, 2017. "Bestände und Konzentration privater Vermögen in Österreich 2014/2015," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 43(4), pages 499-533.
    2. Amy E Thompson & Gary M Feinman & Keith M Prufer, 2021. "Assessing Classic Maya multi-scalar household inequality in southern Belize," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-30, March.
    3. Adham Sayed & Bin Peng, 2021. "Pandemics and income inequality: a historical review," SN Business & Economics, Springer, vol. 1(4), pages 1-17, April.
    4. Fu, Tong & Yang, Yang & Zhang, Hongru & Mao, Zhenxing (Eddie), 2023. "Risk culture as a blessing in tourism development: Long-run effects of epidemic disasters," Annals of Tourism Research, Elsevier, vol. 103(C).
    5. Ruijia Wu & Rafael Alvarado & Priscila Méndez & Brayan Tillaguango, 2024. "Impact of Informational and Cultural Globalization, R&D, and Urbanization on Inequality," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1666-1702, March.
    6. Sayed, Adham & Peng, Bin, 2020. "The income inequality curve in the last 100 years: What happened to the Inverted-U?," Research in Economics, Elsevier, vol. 74(1), pages 63-72.
    7. Wu, Tong & Rocha, Juan C. & Berry, Kevin & Chaigneau, Tomas & Hamann, Maike & Lindkvist, Emilie & Qiu, Jiangxiao & Schill, Caroline & Shepon, Alon & Crépin, Anne-Sophie & Folke, Carl, 2024. "Triple Bottom Line or Trilemma? Global Tradeoffs Between Prosperity, Inequality, and the Environment," World Development, Elsevier, vol. 178(C).

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