Income Inequality in Australia
AbstractAustralia has experienced a sustained period of solid real income growth, along with a modest increase in income inequality. Incomes in lower deciles were strongly supported by growth in labour participation, while those in the upper deciles were supported by growth in returns on capital investment. This paper contends that the income inequality debate may need to be refocused on those at the very bottom of the income distribution and away from those at the very top.
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Bibliographic InfoArticle provided by Treasury, Australian Government in its journal Economic Roundup.
Volume (Year): (2013)
Issue (Month): 2 (December)
Income; Inequality; Gini coefficient; Gini; Distribution; Transfers; Welfare Policy;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
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