Global Inequality of Opportunity: How Much of Our Income Is Determined by Where We Live?
By Branko Milanovic. Review of Economics and Statistics, 2014
147 citations recorded by the source corpus.
Abstract Suppose that all people in the world are allocated only two characteristics over which they have (almost) no control: country of residence and income distribution within that country. Assume further that there is no migration. We show that more than one-half of variability in income of world population classified according to their household per capita in 1% income groups (by country) is accounted for by these two characteristics. The role of effort or luck cannot play a large role in explaining the global distribution of individual income.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/9fa905792c8b49ab627e31517f54b39affe51d75
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Citations in the corpus
- Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme (2020, background): “Furthermore, the fact that between-country inequality is significant for explaining the high global inequality levels (Anand and Segal, 2015; Milanovic, 2015) calls for a research programme that takes these inequalities as a starting point.”