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Income Distribution, Social Cohesion and Value Structure

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  • Tóth, István György

Abstract

My presentation deals with income distribution, social cohesion and value structure. Assuming that the future work of the Fiscal Council will also involve consultations with institutions that deal with forecasts for the macroeconomic path, I trust that during these consultations the forecasts of Kopint-Tárki (Kopint-Tárki, 2011) will also be put on the agenda. Here and now, follow-ing the presentation of past processes, I am going to discuss the significance of income distribution from the aspect of planning the next budget. The data used are based on data recorded about one year ago, and characterise the year 2009 (Tárki, 2010). To some extent they already show the effects of the crisis, but a review of the effects of the crisis and crisis management on social structure would require more recent data.

Suggested Citation

  • Tóth, István György, 2011. "Income Distribution, Social Cohesion and Value Structure," Public Finance Quarterly, Corvinus University of Budapest, vol. 56(3), pages 379-385.
    • Handle: RePEc:pfq:journl:v:56:y:2011:i:3:p:379-385
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    References listed on IDEAS

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    1. Rodrik, Dani, 1999. "Where Did All the Growth Go? External Shocks, Social Conflict, and Growth Collapses," Journal of Economic Growth, Springer, vol. 4(4), pages 385-412, December.
    2. Hirschman, Albert O., 1973. "The changing tolerance for income inequality in the course of economic development," World Development, Elsevier, vol. 1(12), pages 29-36, December.
    3. William Easterly & Jozef Ritzen & Michael Woolcock, 2006. "Social Cohesion, Institutions, And Growth," Economics and Politics, Wiley Blackwell, vol. 18(2), pages 103-120, July.
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    More about this item

    Keywords

    income distribution; social cohesion; value structure;
    All these keywords.

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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