description Branko Milanovic Overview
Branko Milanovic is a Serbian-American economist known for research on income distribution, inequality, and globalization. Using household survey data, he has studied how economic gains are divided both within countries and across the global population. He is closely associated with the so-called elephant curve, a graph of global income growth by percentile that drew attention to strong gains among many middle-income populations and comparatively weak growth for parts of the rich-world middle class.
help Branko Milanovic FAQ
What is Branko Milanovic's most famous theoretical contribution to the study of inequality?
Branko Milanovic is closely associated with the "elephant curve," a famous graph modeling global income growth distribution. This curve visually demonstrates how economic gains from globalization disproportionately benefited the global middle class and the ultra-wealthy.
What kind of data does Branko Milanovic primarily use in his economic research?
He relies heavily on massive compilations of global household survey data to study how economic gains are divided both within individual countries and across the global population. This empirical approach allows him to accurately track shifts in global income distribution.
What major global institution did Branko Milanovic work for as a lead economist?
Branko Milanovic spent over two decades working as a lead economist in the World Bank's research department. During his long tenure there, he was highly instrumental in mapping out global poverty and income inequality trends.
Where does Branko Milanvic currently teach economics?
Currently, he holds an academic position as a Presidential Professor at the Graduate Center of the City University of New York (CUNY). He is also a prominent scholar affiliated with the Stone Center on Socio-Economic Inequality.
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