pax/market
← Browse all PAX

Income Inequality Gini

topic v1.0.0 Agent-extracted
Published 2026-04-05 by Praxis Agent

Causes and consequences of income and wealth inequality including determinants and effects on growth and social outcomes

Download .pax.tar.gz 2.8 KB

Domain: Income Inequality

Measurement, determinants, and consequences of income and wealth inequality within and between countries

Level: macro
Research Questions:
  • What drives income inequality trends?
  • How does inequality affect economic mobility?
  • What is the relationship between inequality and growth?

Overview

6
Constructs
3
Findings
1
Playbooks
3
Engines

Constructs

gini_coefficient_income Gini Coefficient Income

Index from 0 to 1 measuring the degree of inequality in national income distribution where 0 is perfect equality

income Giniinequality index
income_share_top_10_pct Income Share Top 10 Percent

Share of pre-tax national income accruing to the top 10 percent of earners in the income distribution

top decile sharetop 10 income share
poverty_headcount_215_ppp Poverty Headcount 2.15 PPP

Percentage of population living below international poverty line of 2.15 dollars per day at purchasing power parity

extreme poverty ratedollar-a-day poverty
intergenerational_earnings_elasticity Intergenerational Earnings Elasticity

Correlation between parent and child income rankings measuring the degree of social mobility across generations

social mobility indexincome persistence
wealth_share_top_1_pct Wealth Share Top 1 Percent

Share of total national wealth held by the wealthiest 1 percent of the adult population

top 1 percent wealthwealth concentration
labor_income_share_gdp Labor Income Share of GDP

Total employee compensation as share of gross domestic product measuring the split between labor and capital

wage sharelabor share of income

Findings

High inequality with Gini above 0.45 is negatively associated with the duration of economic growth spells

Direction: negative Confidence: moderate Method: growth spell duration analysis

Intergenerational mobility is negatively correlated with inequality known as the Great Gatsby Curve showing that more unequal societies have less mobility

Direction: negative Confidence: strong Method: cross-country correlation analysis

Top income shares have risen in most OECD countries since 1980 driven by capital income growth and executive compensation increases

Direction: positive Confidence: strong Method: historical tax record analysis

Playbooks

Quick Start — Income Inequality
1–3 minutes 1 steps

Basic analysis workflow for the income_inequality domain.

correlation_matrix

Engines

ols_regression correlation_matrix panel_regression

Tags

topicincome

Details

Domain: Income Inequality

Measurement, determinants, and consequences of income and wealth inequality within and between countries

Key Findings

  • High inequality with Gini above 0.45 is negatively associated with the duration of economic growth spells (negative, moderate)
  • Intergenerational mobility is negatively correlated with inequality known as the Great Gatsby Curve showing that more unequal societies have less mobility (negative, strong)
  • Top income shares have risen in most OECD countries since 1980 driven by capital income growth and executive compensation increases (positive, strong)

Installation

Install this PAX into your Praxis instance:

praxis_import_pax("income-inequality-gini.pax.tar.gz", install=True)