Global Inequality of Opportunity : How Much of Our Income Is Determined By Where We Live?

Suppose that all people in the world are allocated only two characteristics over which they have (almost) no control: country of residence and income distribution within that country. Assume further that there is no migration. We show that more than one-half of variability in income of world populat...

Full description

Bibliographic Details
Main Author: Milanovic, Branko
Format: Journal Article
Language:en_US
Published: MIT Press 2015
Subjects:
Online Access:http://hdl.handle.net/10986/21484