It is expensive being young and poor or being old and in the middle class

  • This paper studies the age-group-specific evolution of inequality of total income among highly and less educated females and males at ages 26-80 from 2005 to 2018. On the one hand, it presents time series of Gini coefficients and associated decompositions by different income components. On the other hand, it investigates the extent to which changes in Gini coefficients were associated with a redistribution of total income between the bottom 40 percent, the middle class, and the top 10 percent. The results indicate that increases in inequality particularly burdened the youngest age groups in the bottom 40 percent. However, older age groups, especially elderly individuals, from the middle class also contributed to the increasing income shares of the top 10 percent.

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Metadaten
Author:Christian ScharrerGND
URN:urn:nbn:de:bvb:384-opus4-1025695
Frontdoor URLhttps://opus.bibliothek.uni-augsburg.de/opus4/102569
Series (Serial Number):Volkswirtschaftliche Diskussionsreihe (344)
Publisher:Volkswirtschaftliches Institut, Universität Augsburg
Place of publication:Augsburg
Type:Working Paper
Language:English
Year of first Publication:2022
Publishing Institution:Universität Augsburg
Release Date:2023/03/09
Tag:JEL: D63, P10, J11
Pagenumber:45
Institutes:Wirtschaftswissenschaftliche Fakultät
Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre
Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre / Lehrstuhl für Finanzwissenschaft
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Journals:Volkswirtschaftliche Diskussionsreihe
Licence (German):Deutsches Urheberrecht