Income Mobility of Individuals in China and the United States Though much has been written about annual income inequality in China, little research has been conducted on longer run measures of income inequality and on income mobility. This paper compares income mobility of urban individuals in China and the United States in the 1990s. The following questions are taken up. To what extent are mea...

• Polarisation hinders both growth and human development • Measuring income polarisation provides a distinct insight into the link between growth and human development • Policy recommendations based on polarisation measures will differ from those based on conventional inequality measures, and are likely to be more nuanced S everal countries, particularly in Asia, have seen soaring economic grow...

A variety of measures are used to compare income inequalities, many of which have been derived from Lorenz curve. However, classical Gini coefficient and its variations are probably the most commonly used measures of income inequality. They are considered as the best measures by many scientists, but it is also recognized that the choice of age-grouping affects the Gini measures (Formby, et al. ...

According to the Ahlowalia hypothesis (1995), the growth of total factor productivity (TFP) beside infrastructure investments of government lead to income inequality decrease in rural areas of countries. The main objective of this study is to investigate the effects of public investments such as agricultural R&E, road, education and irrigation on income inequality in rural areas of Iran. In ord...

This study performs a long-run, inter-temporal analysis of income inequality in the U.S. spanning the period 1916-2012. We employ both descriptive analysis and the ThresholdMinimum Dominating Set methodology from Graph Theory, to examine the evolution of inequality through time. In doing so, we use two alternative measures of inequality: the Top 1% share of income and the Gini coefficient. This...

Although theory emphasizes the role of financial market frictions in explaining income inequality, there is little empirical research exploring how financial development and financial sector reforms influence the evolution of income inequality. This paper examines how finance impacts on income inequality in India using annual time series data for over half a century. The results indicate that w...

On the Measurement of Long-Term Income Inequality and Income Mobility This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which accounts for the costs associated...