Widening Income Inequality
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Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than t
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This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income
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Pages: 39
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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely among
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We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with interge