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Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique

Author

Listed:
  • Dimitra Aggelopoulou

    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

  • Stavros Zografakis

    (Agricultural University of Athens, Department of Agricultural Economics and Rural Development 75, Iera Odos, 118 55, Athens, Greece)

  • Panayiotis Sypsas

    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

Abstract

The present work estimates poverty and inequality indices in various groups that are known to have high contributions to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap technique, we estimate confidence intervals for these indices and examine if the decrease of poverty and inequality during the years 1998/99 and 2004/05 in these groups is statistically significant or within the boundary of the confidence interval. For the purpose of the study, we use household income data from the last two Household Budget Surveys (HBS) which cover the entire population of Greece conducted in 1998/99 and 2004/05 by the National Statistical Service of Greece (NSSG). In regard to the methodological issues, we chose the individual as the unit of analysis and the “family equivalence scales” used by Eurostat.

Suggested Citation

  • Dimitra Aggelopoulou & Stavros Zografakis & Panayiotis Sypsas, 2011. "Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 4(2), pages 81-97, August.
    • Handle: RePEc:tei:journl:v:4:y:2011:i:2:p:81-97
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    References listed on IDEAS

    as
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    2. Richard V. Burkhauser & Timothy M. Smeeding & Joachim Merz, 1996. "Relative Inequality And Poverty In Germany And The United States Using Alternative Equivalence Scales," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 42(4), pages 381-400, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    poverty; inequality;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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