WOULD AN INCREASE IN LOW WORK INTENSITY CONTRIBUTE TO REDUCING POVERTY AND INEQUALITY IN SERBIA? (DA LI BI POVEĆANJE NISKOG INTENZITETA RADA DOVELO DO SMANJENJA SIROMAŠTVA I NEJEDNAKOSTI U SRBIJI?)

Gorana Krstić

Ekonomske ideje i praksa, 2017, issue 24, 37 - 52

Abstract: This paper presents a relationship between low work intensity, poverty and inequality in Serbia over 2012–2014 period, based on data from the Survey of Income and Living Conditions (SILC). Low work intensity contributes significantly to the risk of poverty, considering that approximately two out of three persons living in households with very low work intensities run the risk of poverty. On the other hand, only 40% of persons at risk of poverty live in such households, which indicates that there are other causes of poverty,such as low wages and social transfers that have not been sufficient to raise equivalised income above the risk of poverty threshold. The results suggest that an increase in work intensity of household members would result in a poverty decrease, but would also decrease income inequality measured by the Gini coefficient.

Keywords: poverty risk; low work intensity; inequality; Serbia (search for similar items in EconPapers)
JEL-codes: D31 D63 P2 (search for similar items in EconPapers)
Date: 2017
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