Author : Mr.Eswar Prasad
Publisher : International Monetary Fund
ISBN 13 : 1451843100
Total Pages : 50 pages
Book Rating : 4.4/5 (518 download)
Book Synopsis Consumption and Income Inequality in Poland During the Economic Transition by : Mr.Eswar Prasad
Download or read book Consumption and Income Inequality in Poland During the Economic Transition written by Mr.Eswar Prasad and published by International Monetary Fund. This book was released on 1999-01-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper challenges the conventional wisdom that income inequality in Poland increased substantially following the economic transition in 1989–90. The results, based on micro data from the 1985–92 Household Budget Surveys, indicate that overall income inequality increased during the initial stages of the transition but then declined to pre-transition levels. Consumption distributions reveal a similar pattern. However, earnings inequality did increase markedly after the transition and the relative well-being of different socio-economic groups was altered. Absolute poverty levels increased during the transition, but this increase is attributable to declines in mean income and consumption rather than to changes in inequality.