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This book aims (1) to investigate whether globalization increased the income inequality in the world, (2) to analyze the between country income inequality, and, (3) to observe whether an improvement in the distribution of income between rich and poor countries was achieved. The estimations of combined crosssection timesseries regressions using two inequality measures as dependent variables are presented in the book. First, Theil''s T statistic of industrial pay inequality is employed. The second measure is estimated household income inequality. The KOF index of globalization is used in measuring the level of globalization. Balanced panel data analysis covers the period 19701998 for 33 countries. Between country Theil measures are calculated for 152 countries to capture the presence of an invertedU Kuznets curve effect for the 19702003 period.
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