Milanovic, Branko (2007): An even higher global inequality than previously thought. Unpublished.
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Global inequality between world citizens, using the new PPP data (just published as part of the 2005 ICP), is estimated to be about 70 Gini points. This is some 4-5 Gini points higher than previously thought. The increases are even greater if one uses the Theil index.
| Item Type: | MPRA Paper |
|---|---|
| Language: | English |
| Keywords: | Global inequality, PPPs |
| Subjects: | D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions I - Health, Education, and Welfare > I3 - Welfare and Poverty |
| ID Code: | 6676 |
| Deposited By: | Branko Milanovic |
| Deposited On: | 06. Mar 2008 08:16 |
| Last Modified: | 11. Nov 2008 04:31 |
| References: | Ahmad, Sultan (no date) “Historical overview of the international comparison project” Available at http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/ICPEXT/0,,contentMDK:20118245~menuPK:299186~pagePK:60002244~piPK:62002388~theSitePK:270065,00.html. Australian Bureau of Statistics (2006), “The International Comparison Program and purchasing power parities”. Available at http://siteresources.worldbank.org/ICPINT/Resources/internationalppp_AUS.pdf. Deaton, Angus (2001), “Counting the world’s poor: problems and possible solutions”, World Bank Research Observer, vol. 16, No. 2, Fall, pp. 125-147. Milanovic, Branko (2005), Worlds Apart: Measuring International and Global Inequality, Princeton: Princeton University Press, 2005. Milanovic, Branko (2007), “Where in the world are you? Assessing the importance of circumstance and effort in a world of different mean country incomes and (almost) no migration”, World Bank Working Paper No. XX., December 2007. Dowrick, Steve and Muhammed Akmal (2005), “Contradictory Trends in Global Income Inequality: A Tale of Two Biases”, Review of Income and Wealth, Volume 51, Issue 2, pp. 201-229, June. The first version of the paper published in 2001. Pogge, Thomas W. and Sanjay Reddy (2003), “Unknown: The Extent, Distribution, and Trend of Global Income Poverty”, version July 26. Available at http://www.columbia.edu/~sr793/povpop.pdf. |
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