The Distribution of Full Income in Greece
نویسندگان
چکیده
The Distribution of Full Income in Greece Non-cash incomes from either private or public sources can have substantial effects on the distribution of economic welfare. However, standard approaches to inequality measurement either neglect them or take into account only selected non-monetary items. Using data for Greece in the mid 2000s we show that it is possible to incorporate a comprehensive list of non-monetary components into the analysis of income inequality. The results indicate that inequality declines sharply when we move from the distribution of disposable monetary income to the distribution of full income, that includes both cash and non-cash incomes. Both private and public non-cash incomes are far more equally distributed than monetary income, but the inequality-reducing effect of publicly provided in-kind services is stronger. The structure of inequality changes when non-cash incomes are included in the concept of resources, but the effects are not dramatic. Non-cash incomes appear to accrue more heavily to younger and older individuals, thus reducing differences across age groups. JEL Classification: D31, I38
منابع مشابه
Analysis the Relationship between Value Added Tax Performance with Inflation, Income Distribution and Government Capital Asset Ownership in Iranian Provinces
Value added tax has been focus on many countries in recent decades due to the low tax base consumption, low cost on identification, collection and transfer on tax burden to the end consumer in the economy. Therefore, its full implementation in Iran can improve the efficiency on the tax system. In this regard, policymakers' awareness on the effects on consolidated, distributive and allocative va...
متن کاملAccess to Care for Multiple Sclerosis in Times of Economic Crisis in Greece – the HOPE II Study
Background While there is currently no cure for multiple sclerosis (MS), treatment with biologic diseasemodifying drugs (bDMDs) can reduce the impact of the condition on the lives of patients. In Greece, the regulatory change in the distribution system of bDMDs, limited their administration through the designated pharmacies of the National Organization for Healthcare Services Provision (EOPYY) ...
متن کاملInequality in Greece: an Analysis by Income Source By
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to the overall inequality in Greece. It is also shown that there is a weak redistributive impact of taxes and social security contributions and this is mainly at...
متن کاملThe Efects of Monetary Policy on Income Distribution
Among the most important tasks of government economic control of income inequality.. The monetary policy of the government on the equitable distribution of income is very effective. Therefore, in this study, the effect of monetary policy on the distribution of income has using quantile regression. The period studied in this research, the years 1353- 1396.The results show that the hypothesis is ...
متن کاملAnalysis of the Effect of Financial Policy (Income Tax) on Income Distribution in Iran with ARDL Approach
Economic justice and equitable distribution of income, along with important issues such as economic growth and development, the reduction of inflation and unemployment, have always been of concern to economists. Fair distribution of income and reduction of income inequality in society, and the identification of factors affecting income inequality to make the right policy are necessary and obvio...
متن کامل