Interaction of Global and National Income Inequalities

Branko Milanovic; John E. Roemer

doi:10.1515/jgd-2016-0023

Published by De Gruyter July 13, 2016

Interaction of Global and National Income Inequalities

Branko Milanovic and John E. Roemer

From the journal Journal of Globalization and Development

https://doi.org/10.1515/jgd-2016-0023

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Abstract

The current era is characterized by simultaneous increase in many countries’ income inequalities and a decline in global inequality. People’s perception of inequality is shown to depend on how much they value absolute income vs. their national income position.

Keywords: globalization; income inequality; relative income

Annex

Global inequality for diffferent values of λ from equation (1) (in Gini values).

	λ	Year						Change between 1988 and 2008
	λ	1988	1993	1998	2003	2008	2011	Change between 1988 and 2008
Fully cosmopolian	0	0.693	0.686	0.689	0.683	0.669	0.634	−0.059
	0.1	0.658	0.650	0.653	0.646	0.632	0.602	−0.056
	0.2	0.619	0.612	0.615	0.606	0.594	0.569	−0.050
	0.3	0.576	0.571	0.574	0.565	0.555	0.535	−0.041
	0.4	0.530	0.529	0.533	0.524	0.517	0.500	−0.029
	0.5	0.483	0.487	0.493	0.485	0.481	0.467	−0.016
	0.6	0.438	0.448	0.456	0.451	0.450	0.437	−0.001
	0.7	0.398	0.414	0.425	0.422	0.424	0.410	0.012
	0.8	0.366	0.388	0.400	0.400	0.405	0.389	0.023
	0.9	0.344	0.370	0.384	0.387	0.394	0.375	0.031
Only national	1	0.335	0.362	0.377	0.382	0.390	0.370	0.035

References

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Published Online: 2016-7-13

Published in Print: 2016-6-1

Interaction of Global and National Income Inequalities

Abstract

Annex

References

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