ECONOMIC POLICY IN CONTEXT OF INCOME INEQUALITY GAP: CASE STUDY OF CZECH REPUBLIC IN 2005-2015

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F16%3A00010605" target="_blank" >RIV/47813059:19520/16:00010605 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

ECONOMIC POLICY IN CONTEXT OF INCOME INEQUALITY GAP: CASE STUDY OF CZECH REPUBLIC IN 2005-2015

Original language description

The aim of this present paper is to characterize impact of economic policy, especially social policy, on reducing income inequality. There is emphasized context between one area of social policy and income inequality gap here. Through this income inequality gap we can measure success of redistribution function of economic policy that means the success of social policy in reducing income inequalities in society. The development and the amount of income inequality gap are dependent on combination of Income tax of individuals and mandatory contribution. The income inequality and income inequality gap is measured by the method of non-weighted average absolute deviation on data for Czech Republic from years 2005-2015. The analysis of income distribution will be made in deciles based on empirical data of Statistics on income and living conditions from the Czech statistical office. The text after Introduction is organized subsequently: the second part explains the theoretical approach of income inequality, income inequality gap, method of non-weighted average absolute deviation and economic-social policy generally and specifically in the case of Czech Republic. There is highlighted role of particular tools of economic-social policy that could contribute to reducing income inequality and widen income inequality gap in economy. The third part contains the conceptual framework of empirical analysis and results of income inequality in context of functioning of economic-social policy and the Conclusion highlights some major conclusions of detailed analysis made in previous chapter.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of 14th International Scientific Conference Economic Policy in the European Union Member Countries

ISBN

978-80-7510-210-2

ISSN

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e-ISSN

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Number of pages

9

Pages from-to

777-785

Publisher name

SU OPF Karviná

Place of publication

Karviná

Event location

Petrovice u Karviné

Event date

Sep 14, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000403638200082