The real reason this elephant chart is terrifying
Kaila Colbin

Looking at Figure 4 in the original paper it would appear that mature economies have a significantly smaller share of the 75th-90th% in 2008 than they did 1998 (huge drop in 17th ventile as example). In other words they have more people in the > 90th%. Is this due to people moving up in income in mature industries or due to their sample being smaller relatively over time?

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