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Income Inequalities in Romania in the Aftermath of the 2008 Economic Crisis

Simona Ilie ()
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Simona Ilie: The Research Institute for Quality of Life (Romanian Academy)

Journal for Economic Forecasting, 2020, issue 2, 115-130

Abstract: This paper documents a study examining the dynamics of income inequality in Romania, on a span time of ten years close to the 2008 crisis. Using the Gini index as an inequality measure, the study also aims to identify how different income sources contribute to the overall rate of inequality. Income inequality experienced a decreasing trend during the observed period. Wages and pensions, as pillars of the household budget, had the greatest impact on global inequality, but with rather opposite influences. Understanding the complex effects of changes in income policies serves to inform a better regulatory process. The paper consolidates the scar

Keywords: income inequality; inequality decomposition; budget structure; crisis (search for similar items in EconPapers)
JEL-codes: B21 B22 D31 D33 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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