📉Since 1980, global inequality between countries has dropped👉The income gap between the richest 10% of countries & the poorest 50% shrank from 20x to 9x. 📈 But within countries, inequality soared👉The gap between the top 10% & bottom 50% nearly doubled from 10x to 18x…Mostrar mais

🌍 As countries grow wealthier, public spending rises 📈 While education spending stays steady at ~5% across income levels, social protection spending varies widely: 🔹Poorest countries: 1.5% 🔹Richest countries: 13% This spending gap fuels inequality. 2024 #inequalitydata

🔍Between 1800 and 2023, global per capita income grew by 1.3% annually - an 18x increase in average income! But growth hasn’t been equal: Western countries surged ahead, while Sub-Saharan Africa and South & South-East Asia lagged behind.📊#InequalityData wid.world

The world’s poorest countries are global debtors (🧵1/2) Most of these countries pay significant net foreign income to the rest of the world. They're sending out more money than they are receiving from foreign investments💸 2024 #inequalitydata wid.world

🔍Rich countries enjoy an “exorbitant privilege” in the global financial system - 🧵1/4 They receive income flows from the rest of the world. This is striking given that some of these countries, particularly the US, are net debtors. #inequalitydata 📊 wid.world

🔍Income inequality varies significantly across regions - a thread🧵1/4 If global income were equally distributed, we’d each earn €1,065/month. But reality tells a different story: 💶In Sub-Saharan Africa: ~€240/month 💵In the US: >€3,500/month = a difference of 1 to 15!

The World Inequality Lab is happy to announce the update of its database! 🪩 Get more insights into the 2024 #inequalitydata by checking our news posts: 👉10 facts on global inequality in 2024 wid.world/news-article/10-facts-on-global-... 👉A closer loo…Mostrar mais

🚨2024 #inequalitydata release 🚨 Join us for a webinar next Tuesday 19 November, where our team will guide you through the World Inequality Database to explore the latest data together. 👉1/2 Register here: t.ly/qmpPY 👇2/2 Speakers🧵

P. Bothe explores how closures of large industrial facilities in Germany affect surrounding communities 🇩🇪 ✅Local air quality improves ❌Household income drops ❌Housing values drop More important findings in the paper here▶️t.ly/Mp6ap

📈Wealth and income #inequality was on the rise in preindustrial Southern Italy (1550-1800). @guido_alfani & S. Sardone collected new archival data to explore long-term trends in the region and compare them with other Italian and European regions. ▶️t.ly/N6SNb 1/2

📊1/3 of the population passes away leaving behind debt in Vienna. In this new working paper, @f_disslbacher & @severin_rapp use a new data source on wealth in 🇦🇹 to study the distribution of wealth at death and its drivers. Read more▶️ t.ly/x82B4

Exciting news! 🎉 @Rowaida_Moshrif is now Co-Director & Head of Data at the World Inequality Lab. We’re thrilled to welcome her to a renewed codirectorship, leading an amazing growing team of researchers. Meet her and learn more about the team 👋t.ly/7fk-1

📣Join us for a lecture by ⭐️Mordecai Kurz⭐️ on the link between technological change and rising economic inequality with @gabriel_zucman & @PikettyWIL. 🗓️Tuesday Sept 17, 2pm 📍Paris School of Economics, Paris 14 🔗 Register now: www.parisschoolofeconomics.eu/en/news/lect...Mostrar mais

❓ Who votes for whom❓ EXPLORE the data and trends in inequality and political transformations in contemporary democracies 🔻 explore.wpid.world

New research uncovers key mistakes in Auten & Splinter’s estimates of US inequality🇺🇸 After fixing them, @PikettyWIL, E. Saez & @gabriel_zucman show that Auten & Splinter's methodology shows the same increase in inequality as their previous estimates. ▶️t.ly/aFUHLMostrar mais

📺A few months ago, we hosted a discussion on the book #PowerandProgress with its author @DAcemogluMIT & WIL co-directors @PikettyWIL & @lucas_chancel📚 👉Watch the replay here ▶️youtu.be/XBQEjfmfW2w 👉Browse our #EqualityDebate playlist ▶️youtube.com/playlistMostrar mais

New study by @DemetrioGuzz & @MorelliSal provides insights into the spatial dimensions of top income concentration in🇮🇹 👉Real income of top 0.1% x4 since 1976 👉Larger cities see more income concentration, with significant regional disparities Read more▶️t.ly/o8SieMostrar mais

"The history of democracy is the history of impossible things being accomplished by people who refused to be depressed, overwhelmed and divided by the enormous tasks in front of them", said @TimKuhner during our #EqualityDebate with @PikettyWIL. Replay📺t.ly/euCHd

New evidence from a 🇫🇷 #WealthTax reform compiled and discussed by B. Garbinti, J. Goupille-Lebret, @MathildeMunoz @S_Stantcheva & @gabriel_zucman👇 "Tax design matter as much, if not more, than discussing the tax rates". Read more▶️t.ly/kCGWt

Missed the #EqualityDebate on #VisionsofInequality with @BrankoMilan @mrandreescu @ULojkine & @PikettyWIL? Watch it now on our YouTube channel!📺 youtu.be/trBFLl8F3FI

While academic literature differentiates between #income and #wealth inequality/taxation, this distinction isn’t clear to the general public and has little effect on their policy preferences in 🇳🇱 New survey results by @TDouenne @OdaSund & @JoelvdWeele▶️t.ly/-i9FG

"Indian billionaires are largely an upper caste club". @Nitin_K_Bharti @lucas_chancel @PikettyWIL @anmol_smnch propose a new #WealthTax package on the wealthiest 0.04% to tackle economic & caste inequalities and invest more in health & education in 🇮🇳 ▶️t.ly/B_wHQMostrar mais

🔴LIVE with @BrankoMilan, @mrandreescu, @ULojkine & @PikettyWIL to discuss the book #VisionsofInequality. The recording will be available soon on our YouTube channel in the #EqualityDebate playlist 👉www.youtube.com/playlistMostrar mais

🎬Plongez dans les coulisses du combat contre l’évasion fiscale des multinationales. Rejoignez-nous pour l'avant-première de TAX WARS, en présence de @salomesaque, @gabriel_zucman & P. Saint-Amans 🗓️30 mai, 19h30 📍Cinéma l'Escurial, Paris Réservez⏩docs.google.com/forms/d/e/1FAIpQLSc3O-0dUl...Mostrar mais

📢 The WIL is #hiring 2 Research Assistants to assist our team in updating wid.world. Deadline to apply: 2 june ✅ Master’s students wishing to take a break before thesis or between M1 and M2 ✅ Proficient in Stata ✅ Fluent in EN More⏩prod.inequalitylab.world/en/jobs-6/Mostrar mais

Join us for our next #EqualityDebate with @BrankoMilan on #VisionsofInequality🤩 Looking forward to a great discussion with @mrandreescu @ULojkine & @PikettyWIL ! 🗓️Tue 21 May, 17:30-19:00 📍PSE, Paris 14e @PSEinfo 👉Register: inequalitylab.world/en/event/visions-of-in...Mostrar mais

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 ▶️wid.world/news-article/the-us-exorbitant-p...…Mostrar mais

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. ▶️wid.world/news-article/income-inequality-i...Mostrar mais

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▶️wid.world/news-article/top-earners-and-the...Mostrar mais

"The 'Billionaire Raj' is now more unequal than the British colonial Raj." 1 month before #IndiaElections, @Nitin_K_Bharti @lucas_chancel @PikettyWIL @anmol_smnch publish a new paper on the long-run evolution of income and wealth inequality in India 🇮🇳 ▶️wid.world/news-article/inequality-in-india...Mostrar mais

🏆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👉wid.world/news-article/bina-agarwal-and-ja...Mostrar mais

🌎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:▶️wid.world/news-article/seventy-five-years-...Mostrar mais

New website reveals the magnitude of inequality in Latin America📊 distribuciones.info allows interactive exploration of #InequalityData and cross-country comparisons: 🔸Pre-tax inequality 🔸Post-tax inequality 🔸Distribution of disposable income ▶️tinyurl.com/32upnj56Mostrar mais

🔎Explora y descarga datos sobre la distribución del ingreso, de los impuestos, y de las transferencias en América Latina 🇦🇷🇧🇷🇨🇱🇨🇷🇨🇴🇪🇨🇲🇽🇵🇪🇸🇻🇺🇾 🔗distribuciones.info #InequalityData

🔎Explore the data and trends in inequality and political transformations in contemporary democracies🔻 ▶️wpid.xn--world-5y0c #InequalityData

📰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⏩shorturl.at/bixDX

"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▶️wid.world/news-article/the-wealth-of-gener...Mostrar mais

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 ▶️tinyurl.com/2uafrfwx

📸 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! ▶️www.sciencespo.fr/osc/en/content/inequalit...…Mostrar mais

👀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. ⏩wid.world/news-article/new-article-publish...Mostrar mais

📰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▶️🧵tinyurl.com/5n98jdat

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. 👉tinyurl.com/24fsf9tw

"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 👉: tinyurl.com/24fsf9tw

📢We just updated the World Inequality Database with new wealth #InequalityData up to 2022. Read more🧵 👉tinyurl.com/2bvp7j9d

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 👉tinyurl.com/yrt275hmMostrar mais

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➡️wid.world/news-article/intergenerational-m...Mostrar mais

WIL co-directors respond to Auten and Splinter’s paper which denies the extent of rising inequality in the United States since 1960📈🇺🇸 ▶️Read the note wid.world/news-article/inequality-denial/

🔎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👉wid.world/news-article/the-carbon-footprin...Mostrar mais

🎓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 🔗wid.world/news-article/education-and-pover... @amorygethin #InequalityDataMostrar mais

📝 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👉wid.world/news-article/contagious-coercion/…Mostrar mais