KOTLÁNOVÁ, Eva. SOCIAL SPENDING AND INCOME INEQUALITY. Online. In Proceedings of 16th International Scientific Conference "Economic Policy in the European Union Member Countries. Karviná: Silesian University, 2018, p. 159-165. ISBN 978-80-7510-289-8.
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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
Original 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
WWW URL
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 by Changed by: RNDr. Daniel Jakubík, učo 139797. Changed: 21/11/2019 15:05.
Abstract
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.
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