The cross-country income distribution followed a time-homogeneous, first-order process only in 1970-1995, with a late-1990s break and a possible return to instability after 2010.
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(In)stability in the Dynamics of the Cross-Country Distribution of Income Per Capita
The cross-country income distribution followed a time-homogeneous, first-order process only in 1970-1995, with a late-1990s break and a possible return to instability after 2010.