info:eu-repo/semantics/article
Global inequality dynamics: New findings from WID.world
Fecha
2017-05Registro en:
Gonzalez Alvaredo, Facundo; Chancel, Lucas; Piketty, Thomas; Saez, Emmanuel; Zucman, Gabriel; Global inequality dynamics: New findings from WID.world; American Economic Association; American Economic Review; 107; 5; 5-2017; 404-409
0002-8282
CONICET Digital
CONICET
Autor
Gonzalez Alvaredo, Facundo
Chancel, Lucas
Piketty, Thomas
Saez, Emmanuel
Zucman, Gabriel
Resumen
This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United Kingdom. We observe rising top income and wealth shares in nearly all countries in recent decades. But the magnitude of the increase varies substantially, thereby suggesting that different country-specific policies and institutions matter considerably. Long-run wealth inequality dynamics appear to be highly unstable. We stress the need for more democratic transparency on income and wealth dynamics and better access to administrative and financial data.