International inequality (Concept 3)
International inequality (Concept 3). Milanovic, “Global inequality and its implications” Lectures 6-9. How are Concepts 2 and 3 related?. In Gini terms: where Gi=individual country Gini, π=income share, y i = country income, pi = popul. share, μ=overall mean income, n = number of countries
532 views • 37 slides