Income Inequality and the Great Recession in Central and Eastern Europe

Income Inequality and the Great Recession in Central and Eastern Europe
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DOI:
10.2139/ssrn.3497425
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发表时间:
2018-06
期刊:
International Political Economy: Investment & Finance eJournal
影响因子:
--
通讯作者:
M. Brzeziński
M. Brzeziński
中科院分区:
其他
文献类型:
--
作者:
M. Brzeziński

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本文利用欧盟收入和生活条件统计数据(EU-SILC)研究了大衰退期间(2008-2012年)中东欧地区收入不平等的变化及其决定因素。不平等的变化进行分解使用Oaxaca-Blinder-like分解分析的基础上,重新中心化的影响函数(RIF)的方法,它允许分裂的整体变化,不平等的禀赋效应与不平等的协变量和系数的分布变化,这是相关的变化回报这些协变量。我们的研究结果表明,2008-2012年,保加利亚、爱沙尼亚、匈牙利和斯洛文尼亚的可支配收入基尼系数在统计上显著增加。对于大多数不平等显著增加的国家来说,全职就业率下降在解释不平等变化方面发挥了最大作用。它占可支配收入基尼系数变化的50-60%,占市场收入基尼系数变化的60-80%。全职就业率的下降对匈牙利可支配收入的不平等性增加的影响较小(约为基尼系数增加的15%)。经济衰退期间非全时就业的增加要么对不平等没有影响,要么减少了不平等。我们没有发现证据表明临时工作发生率的变化对收入不平等有任何影响。
This paper uses the European Union Statistics on Income and Living Conditions (EU-SILC) data to study the changes in income inequality in Central and Eastern Europe during the Great Recession (2008-2012) and its determinants. Inequality changes are decomposed using an Oaxaca-Blinder-like decomposition analysis based on the Recentered Influence Function (RIF) methodology, which allows to split the overall change in inequality into endowment effects associated with changes in the distribution of inequality covariates and coefficient effects, which are related to the changing returns to these covariates. Our results show that the Gini for disposable incomes has increased over 2008-2012 in a statistically significant way for Bulgaria, Estonia, Hungary and Slovenia. For most of the countries with significant inequality increases, falling full-time employment rate played the biggest role in explaining changes in inequality. It accounted for about 50-60% of the Gini change for disposable incomes and for about 60-80% of the Gini change for market incomes. The fall in full-time employment rate had a smaller inequality-increasing effect for disposable incomes in Hungary (about 15% of the Gini increase). Increased part-time employment during the recession had either no impact on inequality or was rather inequality-decreasing. We did not find evidence that changes in the incidence of temporary jobs had any impact on income inequality.