Global inequality, up or down?

[Peter Dorman]

No doubt your forthcoming book will make everything clear, but you *are*
adjusting market income data for changes in non-market and in-kind
income, aren't you?  This is important in an era of marketization.

Peter

Brad DeLong wrote:

> Well, gee. I have to finish my book...
>
> Robert Summers has always said that 80% of world inequality is
> between nations, and only 20% within nations. At the moment it's a
> guess that increasing the incomes of Indians by 50% (with little
> increase in inequality) and quadrupling the incomes of 400 million
> Chinese (while leaving 800 million about as well-off as they were in
> 1990) has to reduce the variance of log(income).
>
> Of course, this is sensitive to how you measure it: the variance of
> income has surely increased in the 1990s...
>
> Brad DeLong