Global Income Distribution: From the Fall of the Berlin Wall to the Great Recession
利用1988至2008年改进的家庭调查面板数据,发现全球基尼系数降至约70.5%,中国崛起使收入分布从双峰变为单峰,亚洲国家增长最快而成熟经济体表现最差,全球增长曲线呈仰卧S形。
We present an improved panel database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5%, having declined by approximately 2 Gini points. China graduated from the bottom ranks, changing a twin-peaked global income distribution to a single-peaked one and creating an important global “median” class. 90% of the fastest growing country-deciles are from Asia, while almost 90% of the worst performers are from mature economies. Another “winner” was the global top 1%. Hence the global growth incidence curve has a distinct supine S shape, with gains highest around the median and top.