Global Inequality Dynamics: New Findings from WID.world - Archive ouverte HAL Access content directly
Journal Articles American Economic Review Year : 2017

Global Inequality Dynamics: New Findings from WID.world

(1, 2) , (3) , (1, 2) , (4) ,
1
2
3
4

Abstract

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.

Dates and versions

hal-01631225 , version 1 (08-11-2017)

Identifiers

Cite

Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez, Gabriel Zucman. Global Inequality Dynamics: New Findings from WID.world. American Economic Review, 2017, 107 (5), pp.404-409. ⟨10.1257/aer.p20171095⟩. ⟨hal-01631225⟩
274 View
0 Download

Altmetric

Share

Gmail Facebook Twitter LinkedIn More