The Elephant Curve of Global Inequality and Growth

Autores
Gonzalez Alvaredo, Facundo; Chancel, Lucas; Piketty, Thomas; Saez, Emmanuel; Zucman, Gabriel
Año de publicación
2018
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
The dynamics of global inequality have attracted growing attention in recent years (Piketty 2014). However, we still know relatively little about how the distribution of global income is evolving. Income inequality is increasing in many countries, but large emerging countries like India and China are catching up and might drive global inequality down. Recent studies of global inequality combine household surveys and provide valuable estimates (Lakner and Milanovic 2016; Liberati 2015; Ortiz and Cummins 2011). Surveys, however, are not uniform across countries, they cannot capture top incomes well, and are not consistent with macroeconomic totals. In this paper, we report on new estimates of global inequality presented in the World Inequality Report 2018 (Alvaredo et al. 2018). These estimates are based on recent, homogeneous inequality statistics produced for a number of countries in the World Inequality Database (WID.world). We find that the global top 1 percent has captured twice as much total growth than the global bottom 50 percent between 1980 and 2016. We also analyze different projected trajectories for global inequality in the coming decades.
Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Ecole D'economie de Paris; Francia
Fil: Chancel, Lucas. Ecole D'economie de Paris; Francia
Fil: Piketty, Thomas. Ecole D'economie de Paris; Francia
Fil: Saez, Emmanuel. University of California at Berkeley; Estados Unidos
Fil: Zucman, Gabriel. University of California at Berkeley; Estados Unidos
Materia
INCOME
WEALTH
INEQUALITY
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/87388
Acceder
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spelling The Elephant Curve of Global Inequality and GrowthGonzalez Alvaredo, FacundoChancel, LucasPiketty, ThomasSaez, EmmanuelZucman, GabrielINCOMEWEALTHINEQUALITYhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5The dynamics of global inequality have attracted growing attention in recent years (Piketty 2014). However, we still know relatively little about how the distribution of global income is evolving. Income inequality is increasing in many countries, but large emerging countries like India and China are catching up and might drive global inequality down. Recent studies of global inequality combine household surveys and provide valuable estimates (Lakner and Milanovic 2016; Liberati 2015; Ortiz and Cummins 2011). Surveys, however, are not uniform across countries, they cannot capture top incomes well, and are not consistent with macroeconomic totals. In this paper, we report on new estimates of global inequality presented in the World Inequality Report 2018 (Alvaredo et al. 2018). These estimates are based on recent, homogeneous inequality statistics produced for a number of countries in the World Inequality Database (WID.world). We find that the global top 1 percent has captured twice as much total growth than the global bottom 50 percent between 1980 and 2016. We also analyze different projected trajectories for global inequality in the coming decades.Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Ecole D'economie de Paris; FranciaFil: Chancel, Lucas. Ecole D'economie de Paris; FranciaFil: Piketty, Thomas. Ecole D'economie de Paris; FranciaFil: Saez, Emmanuel. University of California at Berkeley; Estados UnidosFil: Zucman, Gabriel. University of California at Berkeley; Estados UnidosAmerican Economic Association2018-06info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/87388Gonzalez Alvaredo, Facundo; Chancel, Lucas; Piketty, Thomas; Saez, Emmanuel; Zucman, Gabriel; The Elephant Curve of Global Inequality and Growth; American Economic Association; AEA Papers and Proceedings; 108; 6-2018; 103-1082574-0768CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://www.aeaweb.org/doi/10.1257/pandp.20181073info:eu-repo/semantics/altIdentifier/doi/10.1257/pandp.20181073info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-03T10:06:36Zoai:ri.conicet.gov.ar:11336/87388instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-03 10:06:36.719CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv The Elephant Curve of Global Inequality and Growth
title The Elephant Curve of Global Inequality and Growth
spellingShingle The Elephant Curve of Global Inequality and Growth
Gonzalez Alvaredo, Facundo
INCOME
WEALTH
INEQUALITY
title_short The Elephant Curve of Global Inequality and Growth
title_full The Elephant Curve of Global Inequality and Growth
title_fullStr The Elephant Curve of Global Inequality and Growth
title_full_unstemmed The Elephant Curve of Global Inequality and Growth
title_sort The Elephant Curve of Global Inequality and Growth
dc.creator.none.fl_str_mv Gonzalez Alvaredo, Facundo
Chancel, Lucas
Piketty, Thomas
Saez, Emmanuel
Zucman, Gabriel
author Gonzalez Alvaredo, Facundo
author_facet Gonzalez Alvaredo, Facundo
Chancel, Lucas
Piketty, Thomas
Saez, Emmanuel
Zucman, Gabriel
author_role author
author2 Chancel, Lucas
Piketty, Thomas
Saez, Emmanuel
Zucman, Gabriel
author2_role author
author
author
author
dc.subject.none.fl_str_mv INCOME
WEALTH
INEQUALITY
topic INCOME
WEALTH
INEQUALITY
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv The dynamics of global inequality have attracted growing attention in recent years (Piketty 2014). However, we still know relatively little about how the distribution of global income is evolving. Income inequality is increasing in many countries, but large emerging countries like India and China are catching up and might drive global inequality down. Recent studies of global inequality combine household surveys and provide valuable estimates (Lakner and Milanovic 2016; Liberati 2015; Ortiz and Cummins 2011). Surveys, however, are not uniform across countries, they cannot capture top incomes well, and are not consistent with macroeconomic totals. In this paper, we report on new estimates of global inequality presented in the World Inequality Report 2018 (Alvaredo et al. 2018). These estimates are based on recent, homogeneous inequality statistics produced for a number of countries in the World Inequality Database (WID.world). We find that the global top 1 percent has captured twice as much total growth than the global bottom 50 percent between 1980 and 2016. We also analyze different projected trajectories for global inequality in the coming decades.
Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Ecole D'economie de Paris; Francia
Fil: Chancel, Lucas. Ecole D'economie de Paris; Francia
Fil: Piketty, Thomas. Ecole D'economie de Paris; Francia
Fil: Saez, Emmanuel. University of California at Berkeley; Estados Unidos
Fil: Zucman, Gabriel. University of California at Berkeley; Estados Unidos
description The dynamics of global inequality have attracted growing attention in recent years (Piketty 2014). However, we still know relatively little about how the distribution of global income is evolving. Income inequality is increasing in many countries, but large emerging countries like India and China are catching up and might drive global inequality down. Recent studies of global inequality combine household surveys and provide valuable estimates (Lakner and Milanovic 2016; Liberati 2015; Ortiz and Cummins 2011). Surveys, however, are not uniform across countries, they cannot capture top incomes well, and are not consistent with macroeconomic totals. In this paper, we report on new estimates of global inequality presented in the World Inequality Report 2018 (Alvaredo et al. 2018). These estimates are based on recent, homogeneous inequality statistics produced for a number of countries in the World Inequality Database (WID.world). We find that the global top 1 percent has captured twice as much total growth than the global bottom 50 percent between 1980 and 2016. We also analyze different projected trajectories for global inequality in the coming decades.
publishDate 2018
dc.date.none.fl_str_mv 2018-06
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/87388
Gonzalez Alvaredo, Facundo; Chancel, Lucas; Piketty, Thomas; Saez, Emmanuel; Zucman, Gabriel; The Elephant Curve of Global Inequality and Growth; American Economic Association; AEA Papers and Proceedings; 108; 6-2018; 103-108
2574-0768
CONICET Digital
CONICET
url http://hdl.handle.net/11336/87388
identifier_str_mv Gonzalez Alvaredo, Facundo; Chancel, Lucas; Piketty, Thomas; Saez, Emmanuel; Zucman, Gabriel; The Elephant Curve of Global Inequality and Growth; American Economic Association; AEA Papers and Proceedings; 108; 6-2018; 103-108
2574-0768
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://www.aeaweb.org/doi/10.1257/pandp.20181073
info:eu-repo/semantics/altIdentifier/doi/10.1257/pandp.20181073
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv American Economic Association
publisher.none.fl_str_mv American Economic Association
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.13397

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