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Economic Inequality In Bulgaria In The 21st Century

Author

Listed:
  • Beatris Lyubenova

    (D. A. Tsenov Academy of Economics)

Abstract

Research of economic inequality underlies the design and implementation of an adequate economic or social policy. This paper presents a survey of income inequality in Bulgaria in the period from 2001 to 2015 by studying the dynamics of the Gini coefficient, the integral coefficient of uneven distribution and decile ratios. We prove that despite the increase registered in the values of these indices in some years, the trend towards decreasing inequality is still weak. We also establish that there was significant income polarisation measured through the S90/10 and the S80/20 decile ratios. We prove that it is necessary to study the relation between the growth rate of the median income received by households in the first six deciles and the income received by households in the last four deciles by employing the growth rates ratio.

Suggested Citation

  • Beatris Lyubenova, 2018. "Economic Inequality In Bulgaria In The 21st Century," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 53-65.
    • Handle: RePEc:dat:earchi:y:2018:i:1:p:53-65
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    File URL: http://hdl.handle.net/10610/3877
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    References listed on IDEAS

    as
    1. Giovanni Maria Giorgi, 2005. "Gini's scientific work: an evergreen," Metron - International Journal of Statistics, Dipartimento di Statistica, Probabilità e Statistiche Applicate - University of Rome, vol. 0(3), pages 299-315.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic inequality; measures of economic inequality; Gini coefficient; Lorenz curve; income differentiation; income polarisation;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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