Global inequality of opportunity: How much of our income is determined by where we live?

Autores: Branko Milanovic
Localización: The Review of economics and statistics, ISSN 0034-6535, Vol. 97, Nº 2, 2015, págs. 452-460
Idioma: inglés
DOI: 10.1162/rest_a_00432
Texto completo no disponible (Saber más ...)

Resumen
- 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. [ABSTRACT FROM AUTHOR]