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Income inequality among European households and their biological type

Author

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  • Grzywińska-Rąpca Małgorzata

    (Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland)

  • Grzybowska-Brzezińska Mariola

    (Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland)

  • Gornowicz Mirosław

    (Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland)

Abstract

In the socioeconomic development of each country, income rates constitute a measure of the economic situation. They are also the principle factor influencing social stratification. When discussing the income of European households in a regional approach, one may analyze changes, regional development indicators, and the degree to which needs are satisfied. It is underlined in the relevant literature that the differences observed across macroeconomic and microeconomic indicators are reflected in the phenomenon of income inequality, and their levels are also differentiated by the biological type of households. In view of the above, this study analyzed the financial standing of households from the spatial standpoint (selected EU countries) and considered the fractions of households isolated based on their biological composition in the light of inequality indices: Gini, Atkinson, and Theil. Inequality rates were computed using the median net equivalized income. The material examined in this study consisted of secondary data collected and published in the Eurostat database.

Suggested Citation

  • Grzywińska-Rąpca Małgorzata & Grzybowska-Brzezińska Mariola & Gornowicz Mirosław, 2023. "Income inequality among European households and their biological type," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 59(3), pages 197-208, September.
    • Handle: RePEc:vrs:ijomae:v:59:y:2023:i:3:p:197-208:n:3
    DOI: 10.2478/ijme-2023-0005
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    More about this item

    Keywords

    Atkinson coefficient; Gini coefficient; households; inequality indices; Theil coefficient;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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