 INSTITUTIONAL FRAMEWORK OF INCOME INEQUALITYKalin Gospodinov ()
Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 40-44 Abstract: The purpose of this report is to present a study on income inequality in Bulgaria, based on the method proposed by S. Kuznets, known as the "Kuznets Curve" over a 20-year period. Two main approaches to the impact of the institutional environment on income inequality are considered: the approach of S. Kuznets and T. Picketty (according to which increasing inequality is a result of the regular development of market institutions as a whole) and the approach of D. Ajemoglu, according to which inequality is related to the quality of institutions in a particular historical setting. As a result, the hypothesis of C. Kuznets was confirmed for the period considered, which could serve as a basis for concrete practical actions in the field of income policy in the country. Keywords: income inequality; Kuznets Curve; Gini coefficient (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vrn:cfdide:y:2020:i:1:p:40-44 Access Statistics for this article Economic Science, education and the real economy: Development and interactions in the digital age is currently edited by Zoya Mladenova More articles in Economic Science, education and the real economy: Development and interactions in the digital age from Publishing house Science and Economics Varna Contact information at EDIRC. |
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