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Inequality convergence
Authors:Martin Ravallion  
Institution:World Bank, Development Research Group, MSN MC 3-306, 1818 H Street NW, Washington, DC 20433, USA
Abstract:Evidence is found that within-country income inequalities have been slowly converging since the 1980s; inequality is tending to fall (rise) in countries with initially high (low) inequality. Correcting for classical measurement error in the initial inequality measures has little affect on the speed of convergence.
Keywords:Inequality  Convergence  Survey data  Policy reform
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