Inequality and GDP

Lecture series : Inequality and… ?

LISER together with many partners in Luxembourg co-organizes the following lecture.

Cross-country inequality in GDP per capita depends crucially on measures of cross-country relative prices: the purchasing power parities (PPPs). Yet new information on PPPs tends to spark furious debate, as relative income rankings get shuffled and international income differences are compressed or widened. This lecture will discuss some of the measurement challenges that can lead to these surprises, and how best to deal with the ensuing uncertainty. The consequences of these measurement challenges will be discussed in the context of current debates about global inequality and poverty, and in a historical perspective regarding the long-run shape of cross-country income inequality.

Speaker

Prof. Robert Inklaar (University of Groningen)