Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?

This paper is the first to decompose absolute global income inequality into its within-country class and between-country location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be expl...

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Autores:
Goda, Thomas
Torres, Alejandro
Tipo de recurso:
Fecha de publicación:
2015
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/5131
Acceso en línea:
http://hdl.handle.net/10784/5131
Palabra clave:
Absolute inequality
Personal income distribution
Global inequality
Within-country inequality
Between-country inequality
Class
Rights
License
Acceso abierto
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spelling Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees2015-03-25T20:11:26Z2015-03-012015-03-25T20:11:26Zhttp://hdl.handle.net/10784/5131D31D63O15This paper is the first to decompose absolute global income inequality into its within-country class and between-country location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be explained primarily by class differences. Nowadays, inequality between classes explains 70% of absolute global market inequality. Additional findings are that absolute income convergence between countries took place after 2005, that it is possible to reduce absolute inequality and to grow at the same time, and that of late within countries net inequality was growing faster than market inequality.engUniversidad EAFITEscuela de Economía y FinanzasClass or location? What explains the rising tide of absolute global income inequality during 1850-2010?workingPaperinfo:eu-repo/semantics/workingPaperDocumento de trabajo de investigacióndrafthttp://purl.org/coar/version/c_b1a7d7d4d402bccehttp://purl.org/coar/resource_type/c_8042Acceso abiertohttp://purl.org/coar/access_right/c_abf2Absolute inequalityPersonal income distributionGlobal inequalityWithin-country inequalityBetween-country inequalityClassGoda, Thomas1ec44d78-f1cb-402b-a2db-9efc55622f98-1Torres, Alejandrofeed8158-3d19-4010-8c35-9f54b0548255-1atorres7@eafit.edu.cotgoda@eafit.edu.coLICENSElicense.txtlicense.txttext/plain; charset=utf-82556https://repository.eafit.edu.co/bitstreams/3bd09a3d-307d-4503-95ee-727a9eec00e8/download76025f86b095439b7ac65b367055d40cMD51ORIGINAL2015_07_Thomas_Goda.pdf2015_07_Thomas_Goda.pdfDocumento de trabajo de investigaciónapplication/pdf1409259https://repository.eafit.edu.co/bitstreams/b1aff86a-d599-49b1-9cd4-ce20a4d8f5e7/downloadfe82413fdec8392ff14cc146da6ad185MD5210784/5131oai:repository.eafit.edu.co:10784/51312024-12-04 11:49:34.996open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
title Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
spellingShingle Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
Absolute inequality
Personal income distribution
Global inequality
Within-country inequality
Between-country inequality
Class
title_short Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
title_full Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
title_fullStr Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
title_full_unstemmed Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
title_sort Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?
dc.creator.fl_str_mv Goda, Thomas
Torres, Alejandro
dc.contributor.author.none.fl_str_mv Goda, Thomas
Torres, Alejandro
dc.subject.keyword.eng.fl_str_mv Absolute inequality
Personal income distribution
Global inequality
Within-country inequality
Between-country inequality
Class
topic Absolute inequality
Personal income distribution
Global inequality
Within-country inequality
Between-country inequality
Class
description This paper is the first to decompose absolute global income inequality into its within-country class and between-country location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be explained primarily by class differences. Nowadays, inequality between classes explains 70% of absolute global market inequality. Additional findings are that absolute income convergence between countries took place after 2005, that it is possible to reduce absolute inequality and to grow at the same time, and that of late within countries net inequality was growing faster than market inequality.
publishDate 2015
dc.date.available.none.fl_str_mv 2015-03-25T20:11:26Z
dc.date.issued.none.fl_str_mv 2015-03-01
dc.date.accessioned.none.fl_str_mv 2015-03-25T20:11:26Z
dc.type.eng.fl_str_mv workingPaper
info:eu-repo/semantics/workingPaper
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_b1a7d7d4d402bcce
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_8042
dc.type.local.spa.fl_str_mv Documento de trabajo de investigación
dc.type.hasVersion.eng.fl_str_mv draft
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/5131
dc.identifier.jel.none.fl_str_mv D31
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O15
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O15
dc.language.iso.eng.fl_str_mv eng
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dc.rights.local.spa.fl_str_mv Acceso abierto
rights_invalid_str_mv Acceso abierto
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dc.coverage.spatial.eng.fl_str_mv Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.publisher.department.spa.fl_str_mv Escuela de Economía y Finanzas
institution Universidad EAFIT
bitstream.url.fl_str_mv https://repository.eafit.edu.co/bitstreams/3bd09a3d-307d-4503-95ee-727a9eec00e8/download
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