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GAINERS AND LOSERS FROM THE ECONOMIC GROWTH AND ECONOMIC RECESSION

100%
Kabát L., Bojnec Š., Stávková J.
Ekonomický časopis (Journal of Economics)
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2013
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vol. 61
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issue 1
3 – 23
EN
Economic growth is frequently presented as the source and direct bridge to the overall welfare development. The GDP per capita is frequently referred in this connection as a measure of the economic and social development. However this argument is not sufficiently supported by data covering the welfare situation of the country. According the EU Statistics on Income and Living Conditions (EU-SILC) project, in 2010 there are around 17% of the EU citizens living under the at-risk-of poverty threshold. To address the missing links between economic growth and the broader social development dynamics, the income situation of the households in selected EU member countries over the last years is investigated using the EU-SILC data. The empirical results confirm that losers from economic growth and recession are unequally distributed towards female, young, elderly, unemployed, retired and less educated. Gains are pertaining to more educated persons implying a greater focus on opportunities to education and on labour market.
2

Income (In)Justice in the Czech Republic

100%
Birčiaková N., Stávková J., Antošová V.
DANUBE: Law and Economics Review
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2013
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vol. 4
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issue 3
185-199
EN
The present paper deals with the income situation of households in the Czech Republic between 2005 and 2011. The subject of observation is disposable income per equalized member. We attempt to assess income inequality based on a Gini coefficient and Lorenz curve. Another point of observation is the development of the poverty level. The poverty gap is assessed using a Sen index. Special attention is paid to groups of households according to economic activity (employed, self-employed, pensioner, unemployed, other). Using Scheffe’s method of contrast, specific pairs of demonstrable differences between levels of economic activity are detected. The poverty of individual groups is assessed based on poverty level and risk-of-poverty index. The performed analyses showed that the total incomes of households within the given period were increasing, even though the year-on-year increments were gradually decreasing. The most significant increase was observed in the incomes of unemployed people, the least significant increase in the incomes of self-employed people. Social policy in the Czech Republic does mitigate poverty; however, it does not prevent the unfair development of incomes for various groups of households.
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