Inequality and Poverty

It moves to the right because many countries start to

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Unformatted text preview: World Bank Seems to have a clear peak somewhere under 1,000 per capita This reflects where people live and how they live; The second peak reflects a smaller portion of the global population at a higher income. It moves to the right because many countries start to grow and develop and mean income trickles down. ! we call this the movement of the poor into the middle class Bump diminishes as they shift right. If you build a data set that is “representative” of coutnries and you take all the individuals in the world that you have data for, plot the Gini coefficient over time....
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