Phillip W. Magness

U.S. Economic & Political History

How communism affects the inequality U-curve

| May 7, 2018

U-curves are all the rage in inequality studies. Increasingly viewed as a global phenomenon, the distribitional U-curve attempts to show changes in top income and wealth shares over the course of the last century. In other words, it tracks the holdings of the top 1%, 5%, or 10% and so forth over time. The common […]