Quantification of factors influencing the difference in household income in the Czech Republic

Jolana Kvíčalová and Jan Široký
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Jolana Kvíčalová: Department of Economics, Moravian University College Olomouc, Jeremenkova 1142/42, 772 00 Olomouc, Czech Republic
Jan Široký: Department of Acconting, Faculty of Economics, VSB-Technical University Ostrava, Sokolská 33, 701 21 Ostrava 1, Czech Republic

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2013, vol. 61, issue 4, 995-1003

Abstract: Income inequalities, resulting from different income of economic entities and the level of redistribution (especially the amount and structure of taxes on one hand and transfer payments on the other) and peculiarities of the market economy, have been increasing.Within the context of the economic crisis, the pressure (proved by election results in many countries) to alleviate such differences, or at least to stop their deepening has been strengthening. The analysis of the increased income differentiation gets into attention of the theory of public finance.The paper theoretically deals with the ways of measuring such inequalities and then it focuses on the factors that may be regarded as significant for increasing income differences in particular conditions of the Czech Republic within the years 2006-2011 for the selected types of households. Based on the preliminary description, deduction and induction, the research objective was to determine, using the mathematic and statistical methods, the relevancy and - where appropriate - the level of dependence of the analyzed effects on particular elements of household income.

Keywords: finance; income inequality; redistribution; Lorenz curve; Gini coefficient; household income; unemployment (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2013061040995

DOI: 10.11118/actaun201361040995

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