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Income Inequality, Income Composition and Macroeconomic Trends: Israel, 1979-93.
- Source :
- Economica; May96 Supplement, Vol. 63, pS1-S27, 27p
- Publication Year :
- 1996
-
Abstract
- The paper offers several explanations for income inequality trends in Israel during 1979-93. Two types of analysis are employed: decomposition of the Gini coefficient by income source and population sub-group, and time-series regression on macroeconomic variables. It is found that the slight increase in inequality over the period is a result of opposing forces, and that the major difference between the inflation (1979-84) and stabilization (1985-93) periods is in the inequality-reducing effect of direct taxes, increasing in the first period while declining in the second. Unemployment had a regressive impact, whereas inflation acted as a progressive tax in the first period but not in the second. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00130427
- Volume :
- 63
- Database :
- Complementary Index
- Journal :
- Economica
- Publication Type :
- Academic Journal
- Accession number :
- 39451940
- Full Text :
- https://doi.org/10.2307/2554807