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«INCOME INEQUALITY: FROM NATIONAL TO GLOBAL IDS 81650. CITY UNIVERSITY OF NEW YORK GRADUATE CENTER Instructor: Branko Milanovic Spring semester 2014 ...»

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Wei Chi (2012), "Capital income and income inequality”, Journal of Comparative Economics, vol. 40, pp. 228-239. Available at http://mpra.ub.uni-muenchen.de/42131/ Ximing Wu and Jeffrey Perloff (2005), "China's income distribution", Review of Economics and Statistics, vol. 87, pp. 763-775. Version February 2005 available at http://agecon2.tamu.edu/people/faculty/wuximing/agecon2/public/china_wu&perloff.pdf.

Nadia Belhaj Hassine (2013), “Income inequality in the Arab Region”, mimeo.

Marcelo Medeiros and Pedro de Souza (2013), “State and inequality: Institutional determinants of inequality in Brazil”, Journal of Economic Inequality, forthcoming.

[R] Reeve Vanneman and Amaresh Dubey (2013), “Horizontal and Vertical Inequalities in India” in Janet Gornick and Markus Jännti (eds.), Income Inequality: Economic Disparities and the Middle Class in Affluent Countries, Stanford University Press, 2013.

BOOKS Claudia Goldin and Lawrence F. Katz, The race between education and technology, Belknap Press for Harvard UP, 2010.

–  –  –

Background: Introduction to the measurement of inequality Frank Cowell, Measuring inequality, Oxford University Press, 2011 (Chapter 2, “Charting inequality”, pp. 24-37).

Angus Deaton, Analysis of Household Surveys, World Bank and Oxford University Press, 1998, pages 134-140.

Nanak Kakwani, Income inequality and poverty: Methods of estimation and policy applications, World Bank, 1980, pp. 11-120.

2. Global inequality Main theme: What is global inequality, how it suddenly acquired importance, and does it really matter

2.1 Data, measurement, results (3 readings) [R] Essays II and III from The haves and the have-nots: “Unequal nations”, p. 95 and “Inequality among citizens in the world”, p. 149. Also vignettes 2.1-2.3, 3.2.

“Part 2: Money” from Angus Deaton, The great escape: health, wealth and the origins of inequality, Princeton University Press, 2013.

[R] Christoph Lakner and Branko Milanovic, “Global income distribution: From the fall of the Berlin Wall to the Great Recession”, World Bank Working Paper No. 6719, December

2013. http://wwwwds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2013/12/11/000158349 _20131211100152/Rendered/PDF/WPS6719.pdf.

[R] Branko Milanovic, “Global income inequality in the numbers: in history and now—an overview”, World Bank Working Paper No. 6259, November 2012. Revised version in “Global income inequality in numbers: in history and now”, Global Policy, vol. 4, No. 2, May 2013, pp. 198-208. Available at http://onlinelibrary.wiley.com/doi/10.1111/j.1758x/full (behind the wall).

8 Branko Milanovic, “Evolution of global inequality: from class to location, from proletarians to migrants”, World Bank Working Paper No. 5820, September 2011. Revised version in Global Policy, vol. 3, No. 2, May 2012, pp. 124-133.

François Bourguignon and Christian Morrisson, “Inequality among World Citizens: 1820– 1992”, American Economic Review, vol. 92 (4), September 2002, pp. 727–44.

Branko Milanovic, “Global income inequality: what it is and why it matters”, World Economics, vol. 7, No. 1, January-March 2006.

Branko Milanovic, “True world income distribution, 1988 and 1993: First calculations based on household surveys alone”, Economic Journal, vol. 112, No. 476, January, pp.

51-92, 2002.

Branko Milanovic, “Global inequality recalculated and updated: the effect of new PPP estimates on global inequality and 2005 estimates”, Journal of Economic Inequality, volume 10, issue 1, 2012, pp. 1-18. Also as World Bank Working Paper No. 5061, September 2009.

Sudhir Anand and Paul Segal, ” What do we know about global income inequality?” Journal of Economic Literature, vol. 46, No. 1, pp. 57-94, 2008.

Xavier Sala-i-Martin, “The World Distribution of Income: Falling Poverty and … Convergence, Period’, Quarterly Journal of Economics, vol. CXXI (2), May, pp. 351–97, 2006.

Bob Sutcliffe, ‘World Inequality and Globalization’, Oxford Review of Economic Policy, 20 (1), March, 15–37 527, 2004.

Anthony B. Atkinson and Andrea Brandolini, “On Analyzing the World Distribution of Income”, World Bank Economic Review, vol. 24 (1), 1–37, 2010.

Background: Methodological issues Angus Deaton, “Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)”, NBER Working Paper 9822, June. Available at http://www.wws.princeton.edu/~deaton/working.htm. Also in Review of Economics and Statistics, vol. 87: 353-378, 2005.

Mistiaen, Johan and Martin Ravallion, “Survey nonresponse and the distribution of income”, Journal of Economic Inequality, vol. 4, pp. 33-55, 2006.

2.2 Introduction to global distributive justice (4 readings)

–  –  –

[R] Vignettes 3.8 (“Why Rawls was indifferent to global inequality?”) from The haves and the have-nots.

[R] John Rawls (1999), The law of peoples, Cambridge, Mass.: Harvard University Press, pages 105-120.

[R] Amartya Sen, “Adam Smith and the contemporary world”, Erasmus Journal of Philosophy and Economics, vol. 3, No. 1, Spring 2010, pp. 50-67.

Amartya Sen, “Uses and abuses of Adam Smith”, History of Political Economy, vol. 43, No. 2, 2011, pp. 257-271. Available at http://hope.dukejournals.org/content/43/2/257.full.pdf (behind the wall), Charles Beitz, “Rawls’ Law of peoples”, Ethics, vol. 110, No. 4, July 2000, pp. 669-696, 2000.





Leif Wenar, “Why Rawls is not a cosmopolitan egalitarian”, in R. Martin and D. Ready (eds.), Rawls’ ‘Law of Peoples’: A realistic utopia?, Blackwell, 2006.

Sebastiano Maffettone, “Universal Duty and Global Justice”, available at http://pgj.stanford.edu/publications/21497.

Amartya Sen, “Equality of What”, The Tanner lectures on human values, vol. 1,. Edited by S. McMurrin, Salt Lake City and Cambridge: University of Utah Press and Cambridge UP, pp. 197-220. Reprinted in Thomas Pogge and Darrel Moellendorf (2008), Global justice: seminal essays, pp. 61-81, 1980.

[R] Branko Milanovic, “Global inequality of opportunity: how much of our income is determined by where we live”, Review of Economics and Statistics (forthcoming, 2014).

Earlier version “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”, World Bank Working Paper No. 4493, January 2008. Available at http://wwwwds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2008/01/28/0001583 49_20080128112203/Rendered/PDF/wps4493.pdf.

Göran Therborn, “Class in the 21st Century”, New Left Review, Nov-Dec 2012, pp. 5-29.

BOOKS

–  –  –

David Rothkopf, Superclass, Farrar, Strauss and Giroux, New York, 2008 Darrel Moellendorf, Global inequality matters, Palgrave Macmillan, 2009.

Peter Singer, One World: The Ethics of Globalization. New Haven, USA: Yale University Press, 2002.

Angus Deaton, The great escape: health, wealth and the origins of inequality, Princeton University Press, 2013.

3. What next? (3 readings) [R] Vignette 3.6 (“Income inequality and the global financial crisis”) from The haves and the have-nots. Shorter version available at http://yaleglobal.yale.edu/content/twoviews-global-crisis. (May 2009).

Stanley Fischer, “Globalization and its Challenges”, Ely Lecture delivered at the American Economic Association meetings in Washington, D.C., January 3, 2003, American Economic Review Papers and Proceedings, vol. 93, No. 2, pp. 1-29. Available at http://www.iie.com/fischer/pdf/fischer011903.pdf.

[R] Bradford DeLong, “Why was the political response to the crisis so muted?”.

http://delong.typepad.com/sdj/2012/11/cleaned-up-initial-part-of-transcript-fromoctober-15-2012-center-for-latin-american-studies-a-dialogue-inequality-in-the.html.

[R] Branko Milanovic, “Why income inequality is here to stay”, Harvard Business Review blog, http://blogs.hbr.org/cs/2013/01/why_income_inequality_is_here.html (January 2012).

Adam Bonica, Nolan McCarty, Keith T. Poole and Howard Rosenthal (2013), “Why Hasn't Democracy Slowed Rising Inequality?”, Journal of Economic Perspectives, vol. 27, no 3, pp. 103-24.

Branko Milanovic, “More or Less”, Finance and Development, September 2011.

Available at http://www.imf.org/external/pubs/ft/fandd/2011/09/pdf/milanovi.pdf Ricardo Fuentes Nieva, “Merit, privilege or slumdog millionaires: income inequality and social mobility”. http://www.oxfamblogs.org/fp2p/?p=14375.

11 Charles Kenny, “How Did the World Rich Get that Way”, April 22, 2013.

http://www.businessweek.com/articles/2013-04-22/how-did-the-worlds-rich-get-thatway-luck#r=auth-s.

Background: Inequality of opportunity Paolo Brunori, Francisco Ferreira and Vito Peragine, “Inequality of Opportunity, Income Inequality and Economic Mobility Some International Comparisons”, World Bank Policy Research Working Paper 6304, January 2013. Available at http://wwwwds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2013/01/07/000158349_2013 0107095623/Rendered/PDF/wps6304.pdf.

Gustavo Marrero and Juan-Gabriel Rodriguez, “Inequality of opportunity in Europe”, Review of Income and Wealth, Series 58, No. 4, December 2012, pp. 597-621.

BOOKS Timothy Noah, The great divergence: America’s growing inequality crisis and what we can do about it, Bloomsbury Press, 2012.

Chrystia Freeland, Plutocrats: The rise of the new super global-rich and the fall of everybody else, Penguin Press, 2012.

Joseph Stiglitz, The Price of Inequality: How Today's Divided Society Endangers Our Future, W. W. Norton & Company, 2013.

Janet Gornick and Markus Jännti (eds.), Income Inequality: Economic Disparities and the Middle Class in Affluent Countries, Stanford University Press, 2013.

Mark Mazower, Governing the World: The History of an Idea, 1815 to the Present, Penguin books, 2013.

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