IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Economic Crisis and Income Inequality in Korea

  • Kwang Soo Cheong

    ()

    (Department of Economics, University of Hawaii at Manoa)

Registered author(s):

    Using quarterly data for urban worker-households in Korea, I investigate trends in income and consumption inequality since the eruption of the recent economic crisis. I find evidence of sharply increasing income inequality while consumption inequality does not show any apparent trend. There is also evidence that severe deterioration in between-(income-decile)group inequality has more than offset minor improvement in within-group inequality, resulting in deterioration of overall income inequality. It is, therefore, believed that the worker households in Korea are undergoing a distinct process of income stratification parallel with the concentration of income after the economic crisis.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.economics.hawaii.edu/research/workingpapers/996.pdf
    File Function: First version, 1999
    Download Restriction: no

    Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 199906.

    as
    in new window

    Length: 25 pages
    Date of creation: 1999
    Date of revision:
    Handle: RePEc:hai:wpaper:199906
    Contact details of provider: Postal: 2424 Maile Way, Honolulu, HI 96822
    Phone: (808)956-8730
    Fax: (808)956-4347
    Web page: http://www.economics.hawaii.edu/
    Email:


    More information through EDIRC

    Order Information: Web: http://www.economics.hawaii.edu/research/working.html Email:


    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.:

    as in new window
    1. Branko Milanovic, 1994. "The Gini-Type Functions: An Alternative Derivation," Bulletin of Economic Research, Wiley Blackwell, vol. 46(1), pages 81-90, 01.
    2. Yitzhaki, Shlomo, 1979. "Relative Deprivation and the Gini Coefficient," The Quarterly Journal of Economics, MIT Press, vol. 93(2), pages 321-24, May.
    3. Kwang Soo Cheong, 1999. "A Comparison of Alternative Functional Forms For Parametric Estimation of the Lorenz Curve," Working Papers 199902, University of Hawaii at Manoa, Department of Economics.
    4. Lerman, Robert I. & Yitzhaki, Shlomo, 1984. "A note on the calculation and interpretation of the Gini index," Economics Letters, Elsevier, vol. 15(3-4), pages 363-368.
    5. Jong-Wha Lee & Changyong Rhee, 1999. "Social Impacts of the Asian Crisis: Policy Challenges and Lessons," Working Paper Series no2, Institute of Economic Research, Seoul National University.
    6. Wodon, Quentin T., 1999. "Between group inequality and targeted transfers," Policy Research Working Paper Series 2075, The World Bank.
    7. Lambert, Peter J & Aronson, J Richard, 1993. "Inequality Decomposition Analysis and the Gini Coefficient Revisited," Economic Journal, Royal Economic Society, vol. 103(420), pages 1221-27, September.
    8. Shalit, Haim, 1985. "Calculating the Gini Index of Inequality for Individual Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 47(2), pages 185-89, May.
    9. Rasche, R H, et al, 1980. "Functional Forms for Estimating the Lorenz Curve: Comment," Econometrica, Econometric Society, vol. 48(4), pages 1061-62, May.
    10. Sastry, D V S & Kelkar, Ujwala R, 1994. "Note on the Decomposition of Gini Inequality," The Review of Economics and Statistics, MIT Press, vol. 76(3), pages 584-86, August.
    11. Kakwani, Nanak, 1980. "On a Class of Poverty Measures," Econometrica, Econometric Society, vol. 48(2), pages 437-46, March.
    12. Hey, John D & Lambert, Peter J, 1980. "Relative Deprivation and the Gini Coefficient: Comment," The Quarterly Journal of Economics, MIT Press, vol. 95(3), pages 567-73, November.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hai:wpaper:199906. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Web Technician)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.