Income distribution and growth in East Asia
研究东亚经济体在增长与低不平等方面的表现，发现仅日本、韩国和台湾真正实现低不平等，且高利润份额转化为高储蓄和投资，低不平等与高利润并存源于财富分配异常均匀。
It is widely believed that the East Asian economies performed exceptionally well not only in generating growth but also in keeping inequality low. This study tries to answer the questions raised by the claims of exceptionality of income distribution in East Asia. Central findings are that only Japan, Korea and Taiwan have legitimate claims to low inequality; that the East Asian economies distinguished themselves by their ability to translate high profit shares into high savings and investment rates; and that low inequality and high profit shares coexisted primarily due to the unusually even distribution of wealth.