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This article analyzes global distributions of capital and labor incomes between 2000 and 2016, revealing a significant increase in the share of individuals with positive capital income from 20% to 32%, primarily benefiting the global middle class, especially in China. The study finds a decrease in both capital and labor income inequality, with Gini coefficients falling from 85 to 82 for capital income and from 73 to 67 for labor income. The findings suggest a shift towards a more equitable distribution of i

Author

thirdrmg83

Language

EN