Standard estimates of income and consumption inequality rank Egypt as one of the world’s most equal countries. By analysing data on house prices to obtain a more accurate estimate of the top tail of the income distribution, this column presents evidence that Egyptian inequality is considerably underestimated.
Christoph LaknerThe World Bank
Christoph Lakner is an Economist at the World Bank. His research interests include inequality, poverty, and labor markets in developing countries. He holds a DPhil, MPhil and BA in Economics from the University of Oxford.