Global Earnings Inequality, 1970–2018

A-Tier
Journal: Economic Journal
Year: 2020
Volume: 130
Issue: 632
Pages: 2526-2545

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We estimate trends in global earnings dispersion across occupational groups by constructing a new database that covers 68 developed and developing countries between 1970 and 2018. Our main finding is that global earnings inequality has fallen, primarily during the 2000s and 2010s, when the global Gini coefficient dropped by 15 points and the earnings share of the world's poorest half doubled. Decomposition analyses show earnings convergence between countries and within occupations, while within-country earnings inequality has increased. Moreover, the falling global inequality trend was driven mainly by real wage growth, rather than changes in hours worked, taxes or occupational employment.

Technical Details

RePEc Handle
repec:oup:econjl:v:130:y:2020:i:632:p:2526-2545.
Journal Field
General
Author Count
2
Added to Database
2026-01-25