Income Inequality in Bulgaria in the Period 1993-2019 – Decomposition by Income Sources

Authors

Keywords
household income, income inequality, decomposition

Summary
Income inequality is a result from an unequal distribution of different types of incomes forming total household income. The aim of the paper is to find which income sources are the main drivers for rising inequality in Bulgaria for the last 25 years by using income inequality decomposition. The results show that wages has the biggest and growing importance for the overall inequality. Most unequal distributed incomes are those from property, but they have an insignificant role for the rising overall inequality because of the small share in total household income. Incomes that mitigate income inequality are the social transfers, but their effect varies depending on the type of transfer.

JEL: D31
Pages: 21
DOI: 

More titles

  • Why and How to Evaluate the "New" Governance Sustainability of Agriculture

    In Bulgaria, like in many other countries, there is practicaly no studies on the governance sustainability of agriculture and its importance for overall agricultural development. This study tries to fill the gap and suggesrs a holistic framework for understanding and assessing the governance sustainability of Bulgarian agriculture. The new ...

  • Impact of the Covid-19 Pandemic on the Retail Trade in Bulgaria

    This paper reviews the reaction of retail trade in the Republic of Bulgaria and around the world as a consequence of the declaration of a state of emergency related to the spread of COVID-19 virus infection. The actions of the trade operators regarding the various changes in the behavior of the consumers and the establishment of standards for work ...

  • The Covid-19 Crisis: a Stress Test for Corporate Responsibility in Bulgaria

    The study looks into the specifics of corporate social responsibility during the state of emergency, imposed because of the coronavirus pandemic. This study aims at scrutinizing and systematizing how CSR targeted both internal and external stake - holders (employees and wider society, respectively) during the COVID-19 induced state of emergency in ...