scholarly journals Income Distribution in the Chinese Economy: Recent Trends and Challenges

2011 ◽  
Vol 8 (1) ◽  
Author(s):  
Li Tan
Keyword(s):  
Income Distribution ◽  
Chinese Economy ◽  
Recent Trends

Recent Trends in the Chinese Economy

1973 ◽  
Vol 53 ◽  
pp. 1-33 ◽  
Author(s):  
Thomas G. Rawski
Keyword(s):  
Economic Policy ◽  
Income Distribution ◽  
Agricultural Production ◽  
Chinese Economy ◽  
The Past ◽  
Official Policy ◽  
Recent Trends ◽  
Economic Specialization

The past 15 years have been eventful ones for the Chinese economy. They have seen an ambitious attempt at economic acceleration decline into agricultural crisis, a major reversal of the direction of economic policy, agricultural recovery and resurgent economic momentum. These years have brought major changes to the Chinese economy: whole new industries have appeared; official policy towards such diverse areas as education, income distribution, regional dispersion of industry and economic specialization has shifted repeatedly; the organization of agricultural production has also changed.

Income Distribution and Consumption Structure of Chinese Economy

2017 ◽  
Vol 19 (2) ◽  
pp. 73-122
Author(s):  
Kun-oh Jung ◽  
Jaepil Kim ◽  
Eungsoon Lim
Keyword(s):  
Income Distribution ◽  
Chinese Economy ◽  
Consumption Structure

Consumption Recovery and Economic Rebalancing in China

2013 ◽  
Vol 12 (1) ◽  
pp. 47-67 ◽  
Author(s):  
Yiping Huang ◽  
Jian Chang ◽  
Lingxiu Yang
Keyword(s):  
Income Distribution ◽  
Household Income ◽  
Chinese Economy ◽  
Complete Picture ◽  
Labor Income ◽  
Official Statistics ◽  
Policy Strategy ◽  
The Past ◽  
Factor Markets ◽  
A Share

Boosting consumption has been a policy strategy for rebalancing the Chinese economy. The official statistics, however, show persistently declining consumption as a share of GDP during the past decade. In this paper, we provide a more complete picture of Chinese consumption by piecing together data from official and unofficial sources. Our estimations suggest that the consumption share rebounded from 2008, after a period of decline. This may provide the first piece of evidence that the rebalancing of the Chinese economy is already under way as a result of changes in factor markets, especially rapid increase in labor income, that have resulted in increases in household income as a share of GDP and improvement in income distribution across households.

Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility

2014 ◽  
Vol 104 (5) ◽  
pp. 141-147 ◽  
Author(s):  
Raj Chetty ◽  
Nathaniel Hendren ◽  
Patrick Kline ◽  
Emmanuel Saez ◽  
Nicholas Turner
Keyword(s):  
United States ◽  
Income Distribution ◽  
Intergenerational Mobility ◽  
Transition Probabilities ◽  
The United States ◽  
Birth Cohorts ◽  
The Past ◽  
Percentile Rank ◽  
Recent Trends ◽  
New Evidence

We present new evidence on trends in intergenerational mobility in the United States using administrative earnings records. We find that percentile rank-based measures of intergenerational mobility have remained extremely stable for the 1971-1993 birth cohorts. For children born between 1971 and 1986, we measure intergenerational mobility based on the correlation between parent and child income percentile ranks. For more recent cohorts, we measure mobility as the correlation between a child's probability of attending college and her parents' income rank. We also calculate transition probabilities, such as a child's chances of reaching the top quintile of the income distribution starting from the bottom quintile. Based on all of these measures, we find that children entering the labor market today have the same chances of moving up in the income distribution (relative to their parents) as children born in the 1970s. However, because inequality has risen, the consequences of the “birth lottery” - the parents to whom a child is born - are larger today than in the past.

Wealth Inequality

2018 ◽  
Author(s):  
Salvatore Morelli ◽  
Brian Nolan ◽  
Philippe Van Kerm
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
Wealth Inequality ◽  
Comparative Perspective ◽  
Lower Income ◽  
Distribution Of Wealth ◽  
Working Age ◽  
Recent Trends ◽  
Key Features

This chapter brings wealth into the picture, again in a comparative perspective, to bring out key features of recent trends and their implications for the prosperity and prospects of ordinary families. Data on the distribution of wealth has been improving in recent years, and new data are exploited here to examine patterns of wealth holding across the income distribution. In doing so, particular attention is paid to the extent and nature of wealth held by middle and lower income working-age families, and how this differs from those higher up the distribution. The chapter also looks at inequality in the distribution of wealth compared with income, and whether wealth inequality has widened as income inequality has grown.

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