Classical economists such as Adam Smith (1723–1790), Thomas Malthus (1766–1834), and David Ricardo (1772–1823) concentrated their attention on factor income … See more

Source:
Taxes
The progressive income tax takes a larger percentage of high … See more

Standard economic theory stipulates that inequality tends to increase over time as a country develops, and to decrease as a certain average … See more

It is difficult to create a realistic and not complicated theoretical model, because the forces determining the distribution of income (DoI) are varied and complex and they continuously … See more

Income inequality is one aspect of economic inequality. Incomes levels can be studied through taxation records and other historical documents. Capital in the Twenty-First Century See more

Using Gini coefficients, several organizations, such as the United Nations (UN) and the US Central Intelligence Agency See more

Japan
Despite these issues, Japan's Gini coefficient—a measure of income inequality—remains lower than in many OECD countries. … See more