Income Inequality in Greece: A Statistical and Econometric Analysis

Alexandra Livada

Oxford Bulletin of Economics and Statistics, 1991, vol. 53, issue 1, 69-82

Abstract: This paper examines the extent of income inequality in Greece during the last three decades by estimating a broad set of aggregate and disaggregate inequality measures using the same data source and a common method of calculation. The empirical findings have shown that the middle and upper income groups have benefited from economic development at the expense of the low income classes. The estimated aggregate inequality indices conflict concerning the inequality trend. This discrepancy is attributed to intersecting Lorenz curves and to varying degrees of sensitivity to the tails of the distribution by different summary inequality measures. Copyright 1991 by Blackwell Publishing Ltd

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:bla:obuest:v:53:y:1991:i:1:p:69-82

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