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  1. Explaining Income Inequality Trends in Countries: An Integrated Approach

    Rao, Narasimha D.; Sauer, Petra; Pachauri, Shonali
    What can we say about systematic global and broad regional trends in the drivers of income inequality in countries? In order to address this question, this work takes an integrated approach in that it looks at a broad set of countries and examines a broad set of determinants. We thus model technological progress, non-resource trade flows, the education distribution, labor vs. capital income as well as heterogeneity in public social spending and analyze the relation to three income inequality measures in Advanced and Developing Economies. Our findings indicate the main factors adding to increasing inequality globally to be technological progress...
    (application/pdf) - 18-oct-2016

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