TUREČKOVÁ, Kamila and Eva KOTLÁNOVÁ. Concept of Income Inequality Gap. In Conference Proceedings from 35th International Conference Mathematical Methods in Economics. Hradec Králové: University of Hradec Králové, 2017, p. 819-823. ISBN 978-80-7435-678-0.
Other formats:   BibTeX LaTeX RIS
Basic information
Original name Concept of Income Inequality Gap
Authors TUREČKOVÁ, Kamila (203 Czech Republic, belonging to the institution) and Eva KOTLÁNOVÁ (203 Czech Republic, belonging to the institution).
Edition Hradec Králové, Conference Proceedings from 35th International Conference Mathematical Methods in Economics, p. 819-823, 5 pp. 2017.
Publisher University of Hradec Králové
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 storage medium (CD, DVD, flash disk)
RIV identification code RIV/47813059:19520/17:00010833
Organization unit School of Business Administration in Karvina
ISBN 978-80-7435-678-0
Keywords in English Concept of Income Inequality Gap; Income Inequality; Economic-Social Policy; Method of non-weighted Average Absolute Deviation.
Changed by Changed by: RNDr. Daniel Jakubík, učo 139797. Changed: 7/2/2020 10:57.
Abstract
This article analyses through concept of income inequality gap impact of economic policy on reducing income inequality in society. Income inequality gap presents a difference between levels of income inequality measured on gross money income data and net money income data. This gap is determined by specific areas of social policy, concretely this gap considers on a system of mandatory contributions and income taxes. Via this income inequality gap we can measure success of redistribution function of economic policy that means the success of social poli-cy in reducing income inequalities in society. If the difference between lev-els of both income inequalities is low we can assume about not very effective re-distribution function of economic-social policy and vice versa. Mathematically is the income inequality and income inequality gap expressed and measured by the method of non-weighted average absolute deviation. The article would be rather theoretical focused but is supplemented by practical example of analysis of income inequality gap based on data for on data for Czech Republic from years 2005-2015.
PrintDisplayed: 28/4/2024 11:45