EconPapers    
Economics at your fingertips  
 

Inequality and Well-Being in Transition: Linking Experience and Perception to Policy Preferences

Alexandru Cojocaru

Chapter 27 in The Palgrave Handbook of Comparative Economics, 2021, pp 695-729 from Springer

Abstract: Abstract This chapter reviews the dynamics of economic inequality in the region from the early 1990s until today, distinguishing between actual and perceived inequality dynamics. It then looks at whether inequality matters for the well-being of people, and for their policy preferences. The evidence reviewed shows that the early 1990s saw a sharp increase in inequality, although reliable data from that period is patchy. Over the past 2 decades, on the other hand, income inequality has been declining in the majority of transition economies. These dynamics in observed inequality are somewhat at odds with perceptions of inequality being relatively high, and the chapter reviews some of the possible drivers of the discrepancy, with a focus on inequality of opportunity and considerations of fairness.

Keywords: Inequality; Intergenerational mobility; Inequality of opportunity; Transition economies; Subjective well-being (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-50888-3_27

Ordering information: This item can be ordered from
http://www.springer.com/9783030508883

DOI: 10.1007/978-3-030-50888-3_27

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2023-01-25
Handle: RePEc:spr:sprchp:978-3-030-50888-3_27