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SOCIAL SPENDING AND INCOME INEQUALITY

KOTLÁNOVÁ, Eva

Basic information

Original name

SOCIAL SPENDING AND INCOME INEQUALITY

Authors

KOTLÁNOVÁ, Eva (203 Czech Republic, guarantor, belonging to the institution)

Edition

Karviná, Proceedings of 16th International Scientific Conference "Economic Policy in the European Union Member Countries, p. 159-165, 7 pp. 2018

Publisher

Silesian University

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50202 Applied Economics, Econometrics

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

References:

RIV identification code

RIV/47813059:19520/18:00011171

Organization unit

School of Business Administration in Karvina

ISBN

978-80-7510-289-8

Keywords in English

Income Inequality; Social Spending; OECD; Panel Data Analysis
Changed: 21/11/2019 15:05, RNDr. Daniel Jakubík

Abstract

V originále

Over recent decades income inequality has increased in many advanced economies (which is attributed to a range of factors), it can be detrimental to achieving macroeconomic stability and growth and some authors believe that it was on e of the main causes of the 2008 global financial crisis. The aim of this paper is to determine the effect, which have social spending on income inequality because this instrument of fiscal policy should play a significant role in reducing income inequality. The selected representative sample consists of 34 OECD member countries in the period 2000-2014. As the dependent variable approximating income inequality is used the Gini coefficient, one of the best known and used measures of income inequality, prepared in accordance with OECD methodology. To approximate the impact of social spending on income inequality the dynamic panel data model is used.