Income inequalityDynamic factor modelGlobalizationComovementThis study investigates the relative importance of synchronization of income inequality, measured by the Gini coefficient, using a dynamic factor model. This stAhn, JoonhongBaek, IngulNoh, Sanha...
This subject: wealth and income inequality are the biggest moral crisis, and I’d also say it’s the spiritual crisis in America today, all around the world. This gap between the rich and everybody else is reaching critical proportions. And I think one of the biggest crises is the young ...
Winnie Byanyima, Executive Director of Oxfam International, said: "It is for so much wealth to be held in the hands of so when 1 in 10 people survive on than $2 a day. Inequality is trapping hundreds of millions in ." She added that: "Across the world, people are being left behind...
across world regions, with satiation occurring later in wealthier regions. We also find that in certain parts of the world, incomes beyond satiation are associated with lower life evaluations. These findings on income and happiness have practical and theoretical significance at the individual, ...
Income inequality and redistribution in the aftermath of the 2007-2008 crisis: the US case that although the crisis implied income losses across the whole income distribution, the burden was disproportionately born by low to middle income groups. ... V Almeida - 《Social Science Electronic Publishi...
We don’t focus just on that segment. We look across the income distribution at multiple segments to understand how inequality has manifested itself in terms of income trends and income growth for all segments, and not just the richest. ...
Across the globe, a rise in income inequality has been experienced for the last two decades, particularly in developing countries. This problem of income inequality poses a challenge to Africa’s ability to attain the United Nations (UN) Sustainment Development Goals (SDGs) of reduced inequalities...
A frequently used tool formeasuring income inequalityis the Gini Index. It was developed by Italian statistician Corrado Gini in the early 1900s to help quantify and more easily compare income inequality levels across countries of the world.4The index can range from 0 to 100, with a higher le...
In this study we investigate the differences in income inequality among different racial/ethnic groups in the United States using both personal and household income. We find that income inequality is negatively related to the percentage of males but that the impact is muted for blacks as opposed ...
Income inequality has long been a significant problem in the U.S., with a large percentage of wealth going to a small percentage of the population. Income inequality has been correlated with higher levels of crime, stress, and mental illness. ...