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Publications (6)
– Are non-farm jobs the driver or a brake?
The increasing proportion of non-agricultural work in rural India has commonly been associated with widening income inequality. However, our simulations from the village of Palanpur in the north suggest that without this diversification inequality might well have increased even more. From the mid...
– Correcting the data on top incomes in China
China has experienced fast economic growth over the last forty years. The number of Chinese billionaires has grown exceptionally fast and their wealth has increased enormously. At the same time, official statistics report decreasing inequality over the most recent decade. However, correcting data...
From an international perspective, growth in average wages has been very impressive in urban China during recent decades. Average wages were about ten times as high in 2013 as in 1988. But how has wage inequality evolved during this period? Wage inequality increased rapidly in urban China during...
As with many other developed and emerging economies, in recent decades Mexico has experienced a long-term decline in the labour income share. The decline is observed in both the share of wages in value added and in more comprehensive measures that include the labour income of the self-employed. What...
Research Brief
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While South Africa’s democratic transition precipitated a period of growth, this growth was not inclusive and both poverty and inequality remain high A significant trend in the South African labour market has been the rising share of workers in the public sector High levels of demand for skilled...
Research Brief
pdf
– IMF financing versus debt-restructuring
In the twentieth and early twenty-first centuries, debt crises have plagued low-, middle-, and high-income countries at various times. Indebted countries have generally addressed balance of payments crises either by (a) obtaining International Monetary Fund (IMF) emergency financing; or (b)...
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