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Global and regional economic inequality: Methods of measurement and evidences

The lack of countries’ statistical income data, comparable across countries and years, seems to be the main reason of controversial conjectures concerning global inequality and its evolution over time. In the databases, which purport to collect income data on a worldwide scale, only some summary statistics (quantile income shares, means, Gini indices) are presented. Therefore, the development of efficient methods of extracting micro-data from available secondary statistics now seems to be the only way of overcoming the scarcity of national household surveys’ samples. In this monograph, a new method of retrieving the global sample of incomes is proposed. This method, based on the Sequential Probability Ratio Test, generates random samples, which reconstruct unavailable national samples with predetermined statistical reliability and numerical precision. The application of this method brings empirical evidences which contradict the widespread opinion about rising global inequality in two recent decades.

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Additional information

Category
Publikacja monograficzna
Type
książka - monografia autorska/podręcznik w języku o zasięgu międzynarodowym
Language
angielski
Publication year
2019

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