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Perspectives on the World Income Distribution: Beyond Twin Peaks Towards Welfare Conclusions

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dc.creator Weisbrod, Julian
dc.creator Vollmer, Sebastian
dc.creator Holzmann, Hajo
dc.date 2007
dc.date.accessioned 2013-10-16T07:07:20Z
dc.date.available 2013-10-16T07:07:20Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19885
dc.identifier ppn:560914636
dc.identifier RePEc:zbw:gdec07:6555
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19885
dc.description This paper contributes towards the growing debate concerning the world distribution of income and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is represented by one observation. We contribute to existing studies with technical improvements of the testing procedure, enabling us to draw new conclusions, and an extension of the time horizon being analyzed. Second, we estimate a global distribution of income from national log-normal distributions of income, as well as a global distribution of log-income as a mixture of national normal distributions of log-income. From this distribution we obtain measures for global inequality and poverty as well as global growth incidence curves.
dc.language eng
dc.publisher
dc.relation Proceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 32
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F0
dc.subject O0
dc.subject C5
dc.subject I3
dc.subject ddc:330
dc.subject Convergence
dc.subject Silverman's test
dc.subject non-parametric statistics
dc.subject bimodal
dc.subject global income distribution
dc.subject poverty
dc.subject inequality
dc.subject growth incidence curves
dc.subject Einkommensverteilung
dc.subject Armut
dc.subject Entwicklungskonvergenz
dc.subject Wirtschaftswachstum
dc.subject Welt
dc.title Perspectives on the World Income Distribution: Beyond Twin Peaks Towards Welfare Conclusions
dc.type doc-type:conferenceObject
dc.coverage 1960-2003


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