Brad, I agree with you in your assessment about China. Certainly the
average income has increased, but it is unlikely that the people in the
lower income brackets have enjoyed much of the benefits.
I suspect that with globalization will see more and more the rich
becoming more alike around the w
>Is there any evidence that inequality is not increasing in India and
>China?
Inequality surely is increasing in China...
Brad DeLong
>In this book the textbook I have heard about?
Oh no. This is the twentieth century economic history book. I'll talk
about the textbook later in the week...
Brad DeLong
--
J. Bradford DeLong
Professor of Economics, U.C. Berkeley
601 Evans Hall, #3880
Berkeley, CA 94720-3880
(510) 643-4027 voi
>Again, is their any evidence for the increases in the bottom
>quintiles in China?
We don't know what's going on in the interior of China. My *guess* is
that there have been little gains in productivity or incomes since
the mid-1980s, and that's one of the main things driving migration to
the
Is there any evidence that inequality is not increasing in India and
China?
Brad DeLong wrote:
> 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
In this book the textbook I have heard about? How much with their textbook rely
on the and sort of materials that we have been in criticizing here? I am thinking
in particular of about aggregate supply aggregate demand.
Brad DeLong wrote:
> >Brad, this seems to contradict the conventional wisd
>Brad, this seems to contradict the conventional wisdom. Could you provide a
>reference?
>
>Peter
I guess I'd better finish the "world inequality" chapter of my book quickly...
Brad DeLong
--
J. Bradford DeLong
Professor of Economics, U.C. Berkeley
601 Evans Hall, #3880
Berkeley, CA 94720-388
>I have not seen anything that refutes Pritchett, Lant. 1997. "Divergence, Big
>Time." Journal of Economic Perspectives, 11: 3 (Summer): pp. 3-17.
>
>Also, I don't know if we should cheer if China and India "catch up" if the
>bottom 2 quintiles get left behind. I am at fault for mentioning inequa
>Milanovic found an increase in global inequality - measured at the
>level of individuals, not countries - between 1988 and 1993. While
>average Chinese incomes increased, inequality has increased within
>China, so the impact on global inequality (among individuals, not
>nations) isn't immedia
