Vol 1, No 2 (2013)
Income Inequality Measurement in Greece and Alternative Data Sources: 1957-2010
Kostas Chrissis, Alexandra Livada
Abstract
The main objective of this paper is the estimation of income inequality in Greece for the period 1957-2010. Alternative income sources are used for the estimation of aggregate and disaggregate measures. Empirical evidence from tabulated tax data indicates an increase on aggregate income inequality. This view is not supported by estimates derived from other data sources (i.e. Household Expenditure Survey). The level of aggregate inequality, also, differs from other empirical results. These findings imply that different data sources and/or methodological approaches could lead to different conclusions for the direction and/or level of aggregate income inequality. Nevertheless, top income shares yield similar trend (for certain periods) and level (to the possible extend) regardless the data sources. This view is consistent with [1] that top income shares may be a useful substitute for other measures of inequality.
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Keywords
Income Inequality; Top Income Shares; Greece
Publication information
Volume 1, Issue 2
Year of Publication: 2013
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Chrissis K., Livada A.: Income Inequality Measurement in Greece and Alternative Data Sources: 1957-2010. Journal of Applied Economics and Business, Vol 1, No. 2, 13-22. (2013)