Explaining the Divergence (Nolan et al.)

Stagnating median incomes despite economic growth: Explaining the divergence in 27 OECD countries by Brian Nolan, Max Roser and Stefan Thewissen published by VOXEU (8/2016). “With inequality rising and household incomes across developed countries stagnating, accurate monitoring of living standards cannot be achieved by relying on GDP per capita alone. This column analyses the path of divergence between household income and GDP per capita for 27 OECD…”

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