Measuring Income Inequality in Euroland
Thomas Knaus and
Miriam Beblo
No 232, LIS Working papers from LIS Cross-National Data Center in Luxembourg
Abstract:
In this paper we propose an aggregate measure of income inequality for all founding countries of the European monetary union. Applying the methodology of the Theil index we are able to derive a measure for Euroland as a whole by exploiting information of two data sets, the European Community Household Panel and the Luxembourg Income Study. The property of additive decomposability further allows us to determine each countrys contribution and that of each demographic group to overall income inequality.
Pages: 31 pages
Date: 2000-05
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Citations: View citations in EconPapers (8)
Published in The Review of Income and Wealth 47, no. 3 (2001): 301-20
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Persistent link: https://EconPapers.repec.org/RePEc:lis:liswps:232
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