Global trends in relative and absolute income inequality

This paper provides an overview of historic worldwide trends in relative and absolute income inequality. Depending on the concept used, inequality trends differ considerably. Inequality between countries increased strongly during 1820-2000 and started decreasing at the beginning of the twenty-first...

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Main Author: Thomas Goda
Format: Article
Language:English
Published: Universidad EAFIT 2016-06-01
Series:Ecos de Economía
Online Access:http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3558/pdf
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spelling doaj-0335741d6fad49a2911a6b09df0112712020-11-24T21:30:54ZengUniversidad EAFITEcos de Economía 1657-42061657-42062016-06-012042466910.17230/ecos.2016.42.3Global trends in relative and absolute income inequalityThomas Goda0Universidad EAFITThis paper provides an overview of historic worldwide trends in relative and absolute income inequality. Depending on the concept used, inequality trends differ considerably. Inequality between countries increased strongly during 1820-2000 and started decreasing at the beginning of the twenty-first century, whether measured in relative or absolute terms. Within-country inequality, on the contrary, grew especially strongly during the last decades: Its growth rate accelerated after 1950 in absolute terms and after 1975 in relative terms. Absolute global inequality also increased substantially in the post-1950 period, whereas relative global inequality decreased slightly during this period. http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3558/pdf
collection DOAJ
language English
format Article
sources DOAJ
author Thomas Goda
spellingShingle Thomas Goda
Global trends in relative and absolute income inequality
Ecos de Economía
author_facet Thomas Goda
author_sort Thomas Goda
title Global trends in relative and absolute income inequality
title_short Global trends in relative and absolute income inequality
title_full Global trends in relative and absolute income inequality
title_fullStr Global trends in relative and absolute income inequality
title_full_unstemmed Global trends in relative and absolute income inequality
title_sort global trends in relative and absolute income inequality
publisher Universidad EAFIT
series Ecos de Economía
issn 1657-4206
1657-4206
publishDate 2016-06-01
description This paper provides an overview of historic worldwide trends in relative and absolute income inequality. Depending on the concept used, inequality trends differ considerably. Inequality between countries increased strongly during 1820-2000 and started decreasing at the beginning of the twenty-first century, whether measured in relative or absolute terms. Within-country inequality, on the contrary, grew especially strongly during the last decades: Its growth rate accelerated after 1950 in absolute terms and after 1975 in relative terms. Absolute global inequality also increased substantially in the post-1950 period, whereas relative global inequality decreased slightly during this period.
url http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3558/pdf
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