Income inequality and poverty in front of and during the economic crisis - An empirical investigation for Germany 2002-2010
Based 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).
|Date of creation:||May 2012|
|Date of revision:|
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- Bilal Habib & Ambar Narayan & Sergio Olivieri & Carolina Sanchez, 2010.
"The Impact of the Financial Crisis on Poverty and Income Distribution : Insights from Simulations in Selected Countries,"
World Bank Other Operational Studies
10206, The World Bank.
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Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften,
Duncker & Humblot, Berlin, vol. 127(1), pages 139-169.
- Gert G. Wagner & Joachim R. Frick & JÃ¼rgen Schupp, 2007. "The German Socio-Economic Panel Study (SOEP): Scope, Evolution and Enhancements," SOEPpapers on Multidisciplinary Panel Data Research 1, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Rolf Aaberge & Anders Björklund & Markus Jäntti & Peder J. Pedersen & Nina Smith & Tom Wennemo, 1997.
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201, Research Department of Statistics Norway.
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