Many of the key questions and debates of our time necessitate a global view of economic inequality. Thanks to the development and continued expansion of key global databases of harmonised distributional data, we are in a better position than ever to take such a global view.
And yet, on a range of basic questions concerning the nature and evolution of inequality around the world, there is surprisingly little consensus or clarity. Available global datasets offer starkly differing or even contradictory views. The variety of methods, concepts, and sources adopted in different global databases makes it difficult to interpret and synthesise the insights they offer. Despite the wealth of data available, our view of inequality around the world remains highly fragmented.
To help address this, Joe Hasell lines up results from three key global datasets on inequality: the World Inequality Database, the World Bank’s Poverty and Inequality Platform and the Luxembourg Income Study. In doing so, he tries to triangulate a more cohesive and comprehensive global view of inequality – drawing together those stylised facts that are robust to choices of data source and methodology; highlighting those that are contingent on such choices; and helping to unpick the reasons for such discrepancies.
This event is organised by the Institute for New Economic Thinking at the Oxford Martin School.
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Joe Hasell
Doctoral Student, Department for Social Policy and Intervention
Joe Hasell is a DPhil student at the Department for Social Policy and Intervention, under the supervision of Brian Nolan. His research focuses on economic inequality, and in particular the role of housing in wealth and income inequality within high-income countries.
Joe holds a BA in Philosophy, Politics and Economics from Oxford University and an MSc in Economics and Finance from the University of Naples, Federico II. He works on several projects relating to inequality, including the online data source, the Chartbook of Economic Inequality. He also contributes to Our World in Data, an online publication focussing on the world's biggest issues in human development.
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