The Institute recently sponsored several panels at the Kiel Global Economic Symposium. In particular, the panel on Income Distribution and Mobility struck us as likely to be of especially wide interest. We are grateful for the participation of all the scholars on them and are pleased to present summaries of their presentations here.
Moderator
- Sheila Dow, University of Stirling
Panelists
- Marcella Corsi, University of Rome [Presentation]
- Stefan Thewissen, Institute for New Economic Thinking at Oxford [Presentation]
- Andreas Thiemann, Deutsches Institut für Wirtschaftsforschung, Berlin [Presentation]
Summary
For a generation after World War II, growth rates in much of the developed capitalist world were high and income inequality was by historical standards relatively reduced. More recently, however, inequality appears to have risen sharply, with especially marked increases near the top of the income distribution. Wealth has been less studied, but appears even more concentrated in many countries.
This panel examines how much inequality has changed over time in different countries, considering the implications of gender, and looks empirically at the concentration of incomes at the very top.
