EconPapers    
Economics at your fingertips  
 

Macroeconomic Determinants of Income Inequality in Bulgaria

Silviya Bratoeva-Manoleva

Bulgarian Economic Papers from Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski

Abstract: Income inequality in Bulgaria increased noticeably over the period 1990-2015. This paper aims to identify the main macroeconomic determinants of income inequality. We find that GDP growth and structural changes in Bulgarian economy are among the determinants which deepen income inequality. The statistically significant negative estimate of the government expenditures on social protection means that an increase in social transfers mitigate income inequality. The empirical results show that inflation, foreign direct investment and education are statistically insignificant in affecting income inequality.

Keywords: income inequality; OLS regression; transition economies (search for similar items in EconPapers)
JEL-codes: C32 D31 P24 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2017-09, Revised 2017-09
New Economics Papers: this item is included in nep-mac and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.uni-sofia.bg/index.php/eng/content/dow ... file/BEP-2017-07.pdf First version, 2017 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sko:wpaper:bep-2017-07

Access Statistics for this paper

More papers in Bulgarian Economic Papers from Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Teodor Sedlarski ().

 
Page updated 2025-03-20
Handle: RePEc:sko:wpaper:bep-2017-07