Each year poor countries send 2⃣ - 3⃣% of their GDP to the rich world while they could be investing that amount in education, health or climate policies, found
@gatonievas
&
@AliceSodano
.
❗️It's time to overthrow this rich world privilege
▶️
#springmeetings
📰NEW PAPER by
@guido_alfani
In the last 700 years, inequality of income and wealth has tended to grow continuously, with 2 exceptions:
👉After the Black Death pandemic of 1347-52
👉From the beginning of World War I to the mid-1970s
⏩More findings⏩
📢
@amorygethin
and Matt Fisher-Post have built a new comprehensive database on the distribution of taxes and transfers in 1⃣5⃣1⃣ countries since 1⃣9⃣8⃣0⃣.
💻Explore the
#InequalityData
⏩
📝Read the Paper⏩
📝 NEW WORKING PAPER
Collecting detailed archival data on the coercion intensity of all serfs in Estonia (1580s to 1730s),
@tomraster
provides the first causal estimate of the effect of labor scarcity on labor coercion.
Read more👉
#EconTwitter
🔎How are emissions associated with asset ownership distributed across the population?
@lucas_chancel
and Yannic Rehm develop a new framework to measure individual carbon footprints extending beyond the traditional consumption-based approach.
More here👉
📆 DEBATE | Good Economics for Hard Times
Abhijit Banerjee & Esther Duflo will present their book, Good Economics for Hard Times, at the World Inequality Lab on Zoom
⏰ January 21st, 6pm CET
📝 Registrations
📢 The World Inequality Lab releases a major update of
#inequality
#data
up to 2019!
So what's new on ?
🔸 173 countries covered
🔸 Estimates for 50 more countries
🔸 Income estimates for the entire distribution from the poorest 1% to the richest 0.001%
Hot of the press: The World
#InequalityReport
2022 is out!
The report presents the most up-to-date data on inequality worldwide:
💵 global wealth
🌍 ecological
💰 income inequality since 1820
♀ gender
👉 Check it out
"Wealth inequality within generations and across age groups is at its peak since World War II."
In this new paper,
@LuisBauluz
&
@TimothyAMeyer
examine the life-cycle wealth accumulation in the US since 1960 📈 🇺🇸
Read more here▶️
World inequality report, the reference
#Report
on global
#inequality
- over 100 researchers from 5 continents
- Inequality data covers 2/3 of global population
- 175M data points
#wir2018
"The Polish spectacular growth has not lifted all the boats equally"🇵🇱🚤
@skawinski_marek
@pwlbukowski
et al. show that business owners, males, and big city dwellers have been the largest beneficiaries since 2000.
More👇and 👉:
⏰ Final countdown!
In 3 days, we will be publishing the 2022 World
#InequalityReport
, to provide you with the most up-to-date & complete data on inequality worldwide!
💵 global wealth
🌍 ecological inequality
💰 income inequality since 1820
♀ gender inequality
Stay tuned 😉
In the US, while the income share of the richest 10% has continuously risen since the 1980's, the share owned by the bottom 50% of the population dropped
#wir2018
#PolicyMatters
#inequality
🔎Explora y descarga datos sobre la distribución del ingreso, de los impuestos, y de las transferencias en América Latina 🇦🇷🇧🇷🇨🇱🇨🇷🇨🇴🇪🇨🇲🇽🇵🇪🇸🇻🇺🇾
🔗
#InequalityData
Little is known about the historical evolution of income
#inequality
in Eastern Europe.
S. Nikolić, F. Novokmet, &
@LaryszPiotr
fill this gap with new estimates of long-term income inequality in Bulgaria and Czech Lands/Czechoslovakia in the XXcentury.
▶️
📑 PUBLICATION
In the paper "Social Inequality & Political Divides in Pakistan", Gethin, Mehmood & Piketty study
#political
#cleavages
in
#Pakistan
using a unique set of polls covering all direct elections held since 1970
🗳
📣 CALL FOR PAPERS
We welcome research papers on all dimensions of socioeconomic
#inequality
. They will be presented at the World Inequality Conference 2 on December 7th & 8th.
📩 Send your paper in pdf: conference
@wid
.world
⏰ Deadline: 5 Sept. 2021
👉
Inequalities in 🇵🇱 are one of the highest in 🇪🇺, above 🇬🇧 and 🇩🇪, and have been rising.
In 2018, the share of national income accrued to the top 10% is 37%, to the middle 40% is 41%, and to the bottom 50% is 21%. The top 1% earns 13% of it.
👉
🏆Bina Agarwal and James K. Boyce win first Global Inequality Research Awards!
GiRA is delivered by
@CRIS_SciencesPo
& the WIL to recognize researchers who have made a significant contribution to the understanding of global inequalities.
Read more👉
⚠ Global
#inequality
& growth
#trend
between 1980 & 2016:
📈 the top 1% captured 27% of total growth
📉 the bottom 50% captured 12% of total growth
#elephantcurve
Inequality has substancial impact on global
#poverty
:
If all countries follow the
#inequality
trajectory of Europe between 1980 and 2016, the average income of the Bottom 50% of the world population will be higher than if they follow the US trend
#wir2018
Has the so called “Miracle on the Han River” really lifted South Korea out of poverty without increasing inequality? 🇰🇷🔍
S. Hong, N.N. Kim,
@ZhexunMO
& L. Yang constructed new DINA series for South Korea since 1933
👇1/3
▶️
Louis Sirugue and Gustave Kenedi provide new estimates of intergenerational income mobility in France, and how it relates to geographic mobility.
⬇️
🇫🇷 has one of the highest persistence levels among OECD countries, similar to 🇮🇹or🇺🇸.
⬇️
More findings➡️
🌎70yrs of measuring income
#inequality
in
#LatinAmerica
👉 Though exact levels remain elusive, studying inequality bands shows broad dynamic patterns.
👉Most countries followed an inverted U curve from the 1970s to 2010s.
Check out more findings:▶️
Tomorrow from 9:30 am (Paris Time), follow our live conference on our Facebook page for the launch of the World Inequality Report 2018
#wir2018
On the d-day, more information and materials, including a summary in 7 languages here:
👀New article out in the Journal of
@EEANews
.
▶️P. Acciari, F. Alvaredo &
@MorelliSal
estimate the distribution of wealth in Italy 🇮🇹 between 1995 and 2016, using a novel source of inheritance tax files + surveys + national accounts.
⏩
📈Since 1970, spatial inequalities have almost doubled in all countries except 🇫🇷
By the end of 2010s,🇺🇸 has the highest degree of spatial inequality
Find out more ⬇️
Le fil de tweets de
@MaximCombes
fait le point sur les niveaux d'inégalités de richesses et sur les inégalités écologiques, publiés dans le World
#InequalityReport
👇
📲 Retrouvez le rapport:
#In
égalités mondiales : les 10% les plus riches possèdent 76% de la richesse des ménages, alors que les 50% les plus pauvres n’en possèdent que 2%.
Stop ou encore ?
How do immigrants respond to changes in the cost of naturalization?
@GovindYajna
& L. Sirugue look at 🇫🇷 after the abolition of compulsory conscription in 97 and find:
⤴️in♂️naturalization rates
⤴️sense of belonging
➕effect on employment for 🇪🇺 citizens
👉
🤖How is technology changing our society?
⚖️What can we do to ensure that technological change is positive for more than a minority?
🫵What are you waiting for to register for our next
#EqualityDebate
with DARON ACEMOGLU?
⏩
#PowerAndProgress
👩🎓'Inequality and Institutions' Summer School
🗓️June 10 - June 14, 2024
📍Paris School of Economics, Paris 14
Great opportunity to learn from top researchers from
@PSEinfo
and the World Inequality Lab, including
@PikettyWIL
@cmtneztt
@_Ignacio_Flores
▶️
You wish to learn more about new perspectives on economic inequality and the role of political institutions❓
Our Inequality and Institutions Summer School allows you to gain a broader perspective on inequality based on recent academic work.
🎓Education is at the centre of global poverty reduction, accounting for:
🟢50% of global economic growth since 1980
🟣70% of growth for the poorest 20%
🔵50% of global gender inequality reduction
🔗
@amorygethin
#InequalityData
👨🎓
@thomas_blncht
,
@WIL_inequality
statistical methods coordinator, defended his thesis today, completed under the supervision of Thomas
@PikettyLeMonde
.
👏 Congratulations Thomas for your brilliant thesis and for the immense work you have been doing at the lab!
New website reveals the magnitude of inequality in Latin America📊
allows interactive exploration of
#InequalityData
and cross-country comparisons:
🔸Pre-tax inequality
🔸Post-tax inequality
🔸Distribution of disposable income
▶️
Registrations are still open for the first conference, includ. the release of the World Inequality Report 2018
#wir2018
by Alvaredo, Chancel, Piketty, Saez & Zucman
The decline of public capital over the past 40 years limited governments' investments on education, healthcare, or in tackling climate change... which are key to fight against inequality
#wir2018
#PolicyMatters
#inequality
📸 30 early-career researchers pushing the frontiers of inequality and environmental research gathered in Paris today.
👏Thanks to all for this insightful "
#Inequality
& the
#Environment
” symposium organized by
@CRIS_SciencesPo
@HarvarsMWC
& WIL!
▶️
1/3
📰NEW PAPER on lifetime earnings in France between 1967 and 1987, looking at their determinants (education, working time, place of birth) and the evolution of the gender gap in lifetime learnings + 🇫🇷VS🇺🇸comparisons.
Read more▶️🧵
🌏Worsening inequalities are highlighted in the latest
@UNDPasiapac
report.
An important collaboration to advance research and policy in the region!👇
@UNDP
@Nitin_K_Bharti
♀⚖
#GenderEquality
, 2020
Women’s share of labor income is below 50% (parity level) in all regions, with significant variations among them.
Countries should
🔸 facilitate women's access to the labor market
🔹 address the pay gap
👉
#InequalityReport
📚🤔 Have you ever imagined a world were anyone who seeks decent, living-wage work can find it?
If you are curious about it,
@ptcherneva
will present the Job Guarantee on May 10th on Zoom. Join us!
⏰ J-2: le Rapport sur les inégalités mondiales paraîtra en français aux
@EditionsduSeuil
!
L'occasion d'explorer les données les plus à jour sur différentes facettes des
#in
égalités mondiales :
💵 Patrimoine
🌍 Emissions carbone
💰 Revenu, depuis 1820
♀ Genre
Stay tuned 😏
Building upon a new top-income methodology,
@mig_artola
and Victor Manuel Gómez-Blanco present new estimates of wage
#inequality
in the United States from 1918 to 1949 🇺🇸📉
Read the paper▶️
⏰ C'est demain!
Il est encore temps de vous inscrire à la présentation du livre "L'information est un bien public" par
@CageJulia
et
@BenoitHuet_
:
👉Conférence accessible via Zoom et à
@PSEinfo
💵 Global Income Inequality: Income gap
⚠ In 2020, the average income of the richest 10% is 38 times higher than that of the poorest half of the global population, a similar level than in the 1900s
👉 Find more
#InequalityReport
🔴 TRIBUNE
14 personnalités dont
@gabriel_zucman
@lucas_chancel
&
@PikettyLeMonde
(WIL) réclament la création d’un cadastre financier européen public répertoriant l’ensemble des patrimoines financiers afin de mettre fin à l'opacité en 🇪🇺
🗞
#OpenLux
🗞 Opinion piece |
@guardian
After studying hundreds of elections in 50 democracies,
@amorygethin
@cmtneztt
@PikettyLeMonde
found that political parties increasingly cater to only the well educated & the rich
👉 More on the project
@ThereFeen
provides the first time series of the gender earnings ratio for full-time employees in Germany since the 1870s🇩🇪📈
She compares the results with the US benchmark by the recent Nobel laureate, Claudia Goldin, and the Swedish case.
▶️
⬇️🧵(1/3)
New study by
@amorygethin
finds that public goods and gvt redistribution have played a key role in poverty reduction, accounting for 3⃣0⃣% of the decline in the share of the world’s population living in extreme poverty since 1980
🧵👇
#InequalityData
📄 NEW WORKING PAPER by
@MortenStostad
&
@LobeckMax
How do we believe economic inequality changes society?
↪️A majority of 🇺🇸 citizens believe inequality has negative consequences on society, regardless of political affiliation or income
More findings⏩
📚 LIVRE | Clivages politiques et inégalités sociales
Amory Gethin, Clara Martinez-Toledano & Thomas Piketty publient une étude des dynamiques de polarisation
#politique
dans 50 démocraties:
📈 Données disponibles
📑 PUBLICATION | Homoploutia in the US
@bermanjoe
&
@BrankoMilan
combine several datasets to document homoploutia in the US, 1950-2020
Homoploutia describes the situation in which the same people are wealthy in
#capital
and
#labor
income
➡
#OxfamReport
sounds once again the alarm on the growing gap between rich and poor. Our World Inequality Report 2018 showed that the global top 1% captured 27% of total income growth since 1980. There's an urgent need for more transparency on wealth data.
If you speak Spanish, read this policy brief by
@mig_artola
,
@cmtneztt
&
@AliceSodano
to understand income inequality and the impact of taxes in Spain, following the DINA methodology (Distributional National Accounts) developed at the WIL.
Gracias
@EsadeEcPol
por la publicación!
Hoy salimos con un informe muy importante de
@mig_artola
,
@cmtneztt
y
@AliceSodano
y para comprender la desigualdad de la renta y el papel de los impuestos, siguiendo la metodología del
@WIL_inequality
por primera vez para España
🧵 Hilo:
This is how inequality increased in the past and how it might increase in the future. It’s time to change! Discover the World Inequality Report on and discuss about policies we can implement for a better future.
#WIR2018
🎖Congratulations to Abhijit Banerjee, Esther Duflo & Michael Kremer for their Sveriges Riksbank Prize in Economic Sciences! This highlights their outstanding work and the crucial importance of the economics of
#development
#NobelPrize
➡
The
#wir2018
Summary is available in eight different languages:
Download in English - Télécharger en français
Descargar en español - Download auf Deutsch
Cкачать на русском языке - تحميل باللغة العربية
हिन्दी मेँ पढ़ने के लिए - 用中文下載
📑 PUBLICATION
@bonneau_cecile
&
@SGrobon
provide new facts on inequalities in access to higher
#education
by parental
#income
in 🇫🇷.
⚠ 35% of individuals have access to higher education at the bottom of the distribution, compared to 90% at the top
Do you want to
#TaxTheRich
?🤑
Play with our Wealth Tax Simulator:
✅Select any region of the world or the world as a whole
✅Input your preferred tax rates
✅See the potential tax revenue generated!
👉
Income
#inequality
varies across world regions: it is lowest in Eurpoe and highest in the Middle East. Below the top 10% national income share across the world in 2016
#wir2018
"Rich countries enjoy a privilege in their net foreign assets. They are issuers of international reserve currencies and bankers of the world"
@gatonievas
presented paper co-written with
@AliceSodano
at
#UNTaxConvention
conference in Paris