An Even Higher Global Inequality than Previously Thought: A Note on Global Inequality Calculations Using the 2005 ICP Results
10 Pages Posted: 9 Jan 2008
Date Written: December 28, 2007
Abstract
Global inequality between world citizens, using the new PPP data (just published as part of the 2005 ICP), is estimated to be about 70 Gini points. This is some 4-5 Gini points higher than previously thought. The increases are even greater if one uses the Theil index.
Keywords: Global inequaliy, Purchasing power parity
JEL Classification: D31, I3
Suggested Citation: Suggested Citation
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