File:Global changes in real income by income percentile - v1.png

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Understanding the chart[edit]

This chart was created from a similar chart by economist Branko Milanovic. He analyzed global income inequality, comparing 1988 and 2008. His analysis indicated that the income of the global top 1% increased approximately 60%, while the income of the global middle classes rose 70-80%.[1][2] The chart is often referred to as the "Elephant curve" or "Elephant graph" because of a similarity to an elephant seen from the side.[3][4][5][6]

References[edit]

  1. ↑ Branko Milanovic-Global Income Inequality by the Numbers-In History and Now-February 2013
  2. ↑ Bloomberg-Noah Smith-The Left and Right Stumble on Globalization-June 27, 2016
  3. ↑ The hottest chart in economics, and what it means
  4. ↑ Globalisation: Where on the elephant are you?
  5. ↑ The elephant curve
  6. ↑ A rebuttal to the “elephant graph” discussion - or “elephants are tough animals...”

Summary[edit]

Description
English: Change in real income between 1988 and 2008 at various percentiles of global income distribution, calculated in 2005 international dollars
Date
Source http://heymancenter.org/files/events/milanovic.pdf
Author Farcaster

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Date/TimeThumbnailDimensionsUserComment
current00:09, 29 June 2016Thumbnail for version as of 00:09, 29 June 2016977 × 512 (20 KB)Farcaster (talk | contribs)Added a label to the Y axis
23:10, 28 June 2016Thumbnail for version as of 23:10, 28 June 2016975 × 520 (25 KB)Farcaster (talk | contribs)User created page with UploadWizard

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