Income inequality and poverty in front of and during the economic crisis - An empirical investigation for Germany 2002-2010
AbstractBased on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for Germany in front of and during the economic crisis 2008-2010. This comprises binary logistic regressions where it is tested whether a person is belonging to a certain income region or not. The units of analysis are differentiated by residential status, nationality, sex, age, household size/household type, employment status, etc. For instance, the likelihood of unemployed persons for being located in the low-income region weakly increased between 2007 and 2009. Those microeconomic calculations are correlated with the macroeconomic variables economic growth, inflation, and general unemployment. At the peak of the crisis – in 2009 – inequality dropped, and it increased afterwards. Poverty was not affected very much by economic developments during the crisis but at least an in-crease of persons, who stayed within the poverty region, occurred between 2008 and 2009 (compared with 2007/2008).
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Bibliographic InfoPaper provided by ECINEQ, Society for the Study of Economic Inequality in its series Working Papers with number 255.
Length: 24 pages
Date of creation: May 2012
Date of revision:
Personal income distribution; welfare; inequality; poverty; economic crisis;
Other versions of this item:
- Jürgen Faik, 2012. "Income Inequality and Poverty in Front of and during the Economic Crisis: An Empirical Investigation for Germany 2002-2010," SOEPpapers on Multidisciplinary Panel Data Research 450, DIW Berlin, The German Socio-Economic Panel (SOEP).
- D30 - Microeconomics - - Distribution - - - General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D60 - Microeconomics - - Welfare Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-11-17 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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