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.
Elena IanchovichinaThe World Bank
Elena Ianchovichina has been lead economist in the Chief Economist Office of the World Bank’s Middle East and North Africa Region since January 2010. She works primarily on economic growth, international trade, and inclusion issues in developing countries. She holds her PhD from Purdue University.