Journal Article
Revisiting the trends in global inequality
The study analyses trends in global income distribution since 1950 using a new companion WIID dataset with standardized country income percentiles. It investigate the robustness of these trends with respect to key data choices, as well as the degree to which the inequality trend depends on specific distributional views (such as the use of absolute versus relative inequality, or relative emphasis at the bottom versus the top).
The results show a robust increase in absolute inequality, along with a more nuanced trend in relative inequality, with a very robust decline after 2000 that was interrupted by the COVID crisis but is expected to continue at least until 2028.