Tag: Global Income Distribution

Worldwide Income Inequality Moves From Two Humps to One

Dec 19, 2013

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by

mwkruse

in Trends: Economic, Wealth and Income, Weatlh and Income Distribution

Economist Timothy Taylor always has interesting posts. Yesterday he posted Worldwide Income Inequality: From Two Humps to One. The world distribution of income 25 years ago had a large hump at the low end and a smaller hump at the high end. (If you go back another 20 years, these humps are even more pronounced.)…