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The global perspective on income inequality

Author

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  • Guerriero, Arthur Zito
  • Kapeller, Jakob

Abstract

This paper provides a comprehensive overview of the ongoing debate on global income inequality. It shows that global income inequality is a valuable analytical concept that significantly enhances our understanding of global economic dynamics. By addressing key methodological issues in the measurement of global income inequality, the paper compares different datasets used in the literature and conducts an exploratory analysis of recent trends. This analysis re-evaluates the relative impact of inequality between and within countries and highlights how growth and distributional dynamics in specific countries influence global income inequality.

Suggested Citation

  • Guerriero, Arthur Zito & Kapeller, Jakob, 2024. "The global perspective on income inequality," ifso working paper series 35, University of Duisburg-Essen, Institute for Socioeconomics (ifso).
    • Handle: RePEc:zbw:ifsowp:300260
    as

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    File URL: https://www.econstor.eu/bitstream/10419/300260/1/1895244285.pdf
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    References listed on IDEAS

    as
    1. François Bourguignon, 2015. "The Globalization of Inequality," Economics Books, Princeton University Press, edition 1, number 10433.
    2. Facundo Alvaredo & Lucas Chancel & Thomas Piketty & Emmanuel Saez & Gabriel Zucman, 2018. "The Elephant Curve of Global Inequality and Growth," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 103-108, May.
    3. Xavier Sala-i-Martin, 2006. "The World Distribution of Income: Falling Poverty and … Convergence, Period," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 351-397.
    4. Christoph Lakner & Branko Milanovic, 2016. "Global Income Distribution: From the Fall of the Berlin Wall to the Great Recession," The World Bank Economic Review, World Bank, vol. 30(2), pages 203-232.
    5. Shorrocks, A F, 1980. "The Class of Additively Decomposable Inequality Measures," Econometrica, Econometric Society, vol. 48(3), pages 613-625, April.
    6. Carlos Gradín, 2021. "Trends in global inequality using a new integrated dataset," WIDER Working Paper Series wp-2021-61, World Institute for Development Economic Research (UNU-WIDER).
    7. Miguel Niño‐Zarazúa & Laurence Roope & Finn Tarp, 2017. "Global Inequality: Relatively Lower, Absolutely Higher," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(4), pages 661-684, December.
    8. Gurminder K. Bhambra, 2020. "Colonial global economy: towards a theoretical reorientation of political economy," Review of International Political Economy, Taylor & Francis Journals, vol. 28(2), pages 307-322, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    income inequality; globalization; measurement of inequality; convergence;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • F01 - International Economics - - General - - - Global Outlook
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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