Impact of transformation of social sphere on income situation of Slovak households
1998
Lubyova, M. (Slovenska Akademia Vied, Bratislava (Slovak Republic). Prognosticky Ustav) | Maros, M. | Uramova, L.
Inequality in the majority of Central and Eastern European countries (CEEC) during the pre-transformation period was traditionally low. The income distribution was compressed, mostly due to centralised wage-setting, low returns to skills/education and mojor restrictions on private ownership, which more-less eliminated possibilities to receive other than social or labour income. Transition to a market economy was in many CEEC accompained by a sharp increase in income inequality. In this paper was present the results on inequality in Slovakia and its development over time since the year 1989. The several standard inequality measures (Theil T, Theil N, Gini index and coeficient of variation) was used and applied on income as well as on expenditure concepts of inequality
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