The aim of this study is to investigate the role of government interventions in lowering income inequality in post-communist economies of Central and Eastern Europe (CEE). The focus is set on three key policy instruments: progressive income taxation, social transfers, and minimum wage...

This study explores the relationship between income inequality, economic growth, and unemployment in Greece from 2003 to 2020, encompassing key economic phases: pre-crisis, crisis, memoranda, and post-memoranda. The aim is to analyze how economic growth (logarithm of GDP-LOGGDP) and unemployment...

Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature...

Latin American Economic History: An Introduction to Daily Life, Debt, and Development guides readers through significant features and developments in the region's economic history from independence through 2022. In approachable language, the book introduces readers to relevant New Economic...

Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature...

Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature...

Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature...

This study investigates the impacts of fintech adoption, financial inclusion, and financial integration on income inequality in European countries. Utilising panel data from European nations and employing Generalised Method of Moments (GMM) regression models, we examine the relationships between...

This paper studies the age-group-specific evolution of inequality of total income among highly and less educated females and males at ages 26-80 from 2005 to 2018. On the one hand, it presents time series of Gini coefficients and associated decompositions by different income components. On the...

The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...

This Policy Brief introduces the Gini Trade Index (GTI) as a new trade synthetic key performance indicator capable of capturing the different distribution of trade values across firm characteristics and across countries. The new indicator replicates the well-known features of the traditional...

The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...

This paper presents estimates of income concentration and inequality for Norway using a new comprehensive measure of income, which identifies business income as it is earned by companies rather than when it is paid out as dividends to owners. We assemble several sources of high quality register...

This paper presents estimates of income concentration and inequality for Norway using a new comprehensive measure of income, which identifies business income as it is earned by companies rather than when it is paid out as dividends to owners. We assemble several sources of high quality register...

This study investigates the correlation between the Gini index and gross domestic product (GDP) in two of the world’s largest capitalist economies: the United States and the United Kingdom. Utilizing econometric methods, including stationarity tests and linear regression, this research work...

This paper provides a comprehensive overview of the ongoing debate on global income inequality. It shows that global income inequality is a valuable analytical concept that significantly enhances our understanding of global economic dynamics. By addressing key methodological issues in the...

This reprint concerns methods of data analysis for risk management in economics, finance, and business. The presented papers contain research on data analysis methods, including classical statistical methods, and machine learning methods that have emerged from statistics and are being...

This study provides an introduction to major discussions and core findings on inequalities in Viet Nam, drawing on a review of recent research, consideration of how inequality is discussed in legal documents, and an analysis of inequality using household survey data from Viet Nam. Inequality is...

Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank inequality aversion (v). However, a voluntary choice...

This Policy Brief introduces the Gini Trade Index (GTI) as a new trade synthetic key performance indicator capable of capturing the different distribution of trade values across firm characteristics and across countries. The new indicator replicates the well-known features of the traditional...

Sen (1973 and 1997) presents the Gini coefficient of income inequality in a population as follows. "In any pair-wise comparison the man with the lower income can be thought to be suffering from some depression on finding his income to be lower. Let this depression be proportional to the...

The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...

The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...