Where In The World Are You? : Assessing The Importance of Circumstance And Effort In A World of Different Mean Country Incomes And (Almost) No Migration, Volume 1 of 1 / Milanovic, Branko
Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income di...
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