In 1980, neither China nor India had much representation in the “global middle class” — people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide.

Check out the dynamic, time-series graphs of income distribution from Gapminder.com here. Pick a country (or the world), and click the arrow on the left to watch the year-by-year change in income ...

It is good to see economists finally address the matter of income inequality using income after taxes and transfer payments to analyze the distribution of household income (“Income Equality, Not ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...

In 2022, Chinese American households near the top of the income ladder earned over 19 times as much as Chinese American households near the bottom of the ladder. This gap was the largest across Asian ...

This paper was presented at the First Conference of the Americas, held by the Organization of American States in Washington on 6 March 1998. Great social inequality has long been a frustrating feature ...

Our firm has worked with retirees for over 30 years, and it is a common practice to help our clients turn their nest eggs into a reliable retirement income stream. Investors seem to have a variety of ...