Beblo, Miriam (Centre for European Economic Research, Mannheim, Germany) Knaus, Thomas (Free University of Berlin, Germany)
Abstract
In this paper we propose an aggregate measure of income inequality for the founding countries of the European monetary union. Applying the methodology of the Theil index we are able to derive a measure for Euroland as a whole by exploiting information from two data sets: the European Community Household Panel and the Luxembourg Income Study. The property of additive decomposability allows us to determine each country's contribution as well as that of each demographic group to overall income inequality. In addition the impact of government transfers on this inequality measure is assessed.
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Length: Date of creation: Oct 2000 Date of revision: Publication status: Published in Review of Income and Wealth, 2001, vol. 47, no. 3,pp. 301-320 Handle: RePEc:irs:iriswp:2000-10
References listed on IDEAS 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.:
Cowell, F.A., 2000.
"Measurement of inequality,"
Handbook of Income Distribution,
in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 2, pages 87-166
Elsevier.
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