This paper measures the change in overall net monetary income
inequality during the first seven years of transition and considers
the relative importance of two possible explanations for the
increase in inequality: a) changes in the sources of household
income, and b) changes in the household composition. Changes in the
sources of household income reflect the role of the government and
market during the transition period, while changes in household
composition reflect social reactions to the changing economic
environment. We find that the increase in inequality in labor
income drove the large increase in inequality (i.e., the Gini index
of household per capita income rose from 0.195 in 1988 to 0.263 in
1996). Changes in the distribution of pensions and other social
payments mitigated the rise in earnings inequality, with the latter
playing a more important role in reducing changes in overall income
inequality over time. We show there are large shifts in the
demographic composition of households over this period: far fewer
households with children, far more households headed by pensioners,
increases in the number of one-person households and decreases in
large (five person) households. Although we find that these shifts
in the demographic composition of households are increasing overall
inequality, by increasing between group inequality, most of the
change in inequality over time is accounted for by increase in
within-group inequality. We conclude that over the first seven
years of the transition labor market forces are driving changes in
overall inequality in Slovakia to a much greater extent than
changes in the government's social safety net or in individual's
decisions about household formation.
General
Imprint: |
Bibliogov
|
Country of origin: |
United States |
Release date: |
August 2012 |
First published: |
August 2012 |
Authors: |
Thesia I. Garner
|
Dimensions: |
246 x 189 x 3mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
46 |
ISBN-13: |
978-1-249-26385-2 |
Categories: |
Books >
Social sciences >
Politics & government >
General
|
LSN: |
1-249-26385-9 |
Barcode: |
9781249263852 |
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