Relative Income Distribution in Six European Countries
| Autor: | Ilaria Petrarca, Roberto Ricciuti |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
polarization
Economic growth inequality Middle class Relative income Inequality media_common.quotation_subject 05 social sciences Polarization (politics) 0506 political science Economic inequality Income inequality metrics Income distribution 0502 economics and business 050602 political science & public administration Economics Demographic economics 050207 economics Relevant information media_common |
| DOI: | 10.1108/s1049-258520160000024015 |
| Popis: | The relationship between income inequality and polarization is an empirical fact: a change in equality might occur together with a change in polarization. At the same time, polarization might emerge while inequality remains constant. The outcome of this process entails relevant information on the evolution of the income distribution. We exploit the LIS database to perform a relative distribution analysis for six European countries. Our aim is describing how disposable income distributions evolved over time. The results indicate that polarization increased in all the considered countries, being the largest in the United Kingdom and the smallest in Italy. Nonetheless, in all the countries downgrading prevails over upgrading: the relevance of the middle class getting poorer is larger than the one of the middle class getting richer. |
| Databáze: | OpenAIRE |
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