Search

Copyright of Taiwan Economic Forecast & Policy is the property of Institute of Economics, Academia Sinica, Taiwan Economic Forecast & Policy and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper analyzes the deteriorating income inequality of Taiwan's house- holds over the past three decades through estimates of unconditional distribution and counterfactual decomposition. It is found that changes in the distribution of household characteristics and the corresponding coefficients significantly affect income distribution with prevalent heterogeneities across the conditional quantiles. Aging of the household heads is the main reason to explain the worsening inequality, in addition to changes of the head's schooling and gender, household size, existence of spouse, and earner numbers. Focusing on the changing trends of the distributional pattern of income, this paper sheds new light on the decomposition of Taiwan's income distribution that are different from those presented in the existing studies. [ABSTRACT FROM AUTHOR]

Copyright of Taiwan Economic Forecast & Policy is the property of Institute of Economics, Academia Sinica, Taiwan Economic Forecast & Policy and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)