Theoretical and Applied Economics
No. 4 / 2021 (629), Winter
Analysis of income inequalities in the pre-pandemic COVID-19 period
National Scientific Research Institute for Labour and Social Protection, Romania
Larisa STĂNILĂ
National Scientific Research Institute for Labour and Social Protection, Romania
Eva MILITARU
National Scientific Research Institute for Labour and Social Protection, Romania
Abstract. The degree of income inequality has increased in recent years in most EU Member States, raising concerns from both the perspective of sustainable growth and social cohesion. Given that the Europe 2020 strategy focuses on poverty reduction, we must keep in mind that this phenomenon is closely linked to income inequality. In this article, an analysis was carried out on the evolutions of the main indicators of income inequality (Gini index and the S80/S20 quintile ratio) in the European Union and in Romania. Several income concepts were investigated: disposable income with social transfers, disposable income without social transfers, with or without the inclusion of pensions in social transfers. The evolution of the indicators for measuring income inequalities has indicated that both in the European Union and especially in Romania, inequalities have increased, and this increase is more pronounced for market income inequality (i.e. inequality before taking into account taxation and social transfers) as the tax and social security system has an equalizing effect.
Keywords: income inequalities, Gini coefficient, disposable income.
Contents
- The pandemic crisis – A new factor to slow down
the expansion of the Eurozone
Iulian Nicolae VASILOIU
- Public service delivery dilemma
and economic growth challenges in the MENA Region
Siham MATALLAH
Lahouari BENLAHCENE
- Hidden Markov Model using transaction patterns
for ATM card fraud detection
E.B. NKEMNOLE
A.A. AKINSETE
- Productivity growth in Chinese cities:
The agglomeration effect
for cross-regional industrial structures
Yuanjun GE
Fa-Hsiang CHANG
- Time-varying volatility spillover of foreign exchange rate
in three Asian markets:
Based on DCC-GARCH approach
Mohini GUPTA
Purwa SRIVASTAVA
Amritkant MISHRA
Malayaranjan SAHOO
- Non-linear effect of public debt on economic growth:
The case of Tunisia
Ahmed MAAROUFI
Ghazi BOULILA
- Application of single Sharpe index on the optimal portfolio
construction using Indian blue-chip stocks
Debajit RABHA
Rajkumar Giridhari SINGH
- Budget policy, economic cycle and debt in the West African
Economic and Monetary Union (WAEMU) countries:
Empirical evidence based on a regime change model
Sèwanoudé Honoré HOUNGBEDJI
- The impact of government spending on the economic growth
of a sample of developing countries using panel data
Amine TAMMAR
- The evolution of consumer prices –
the main brake on economic growth
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
- Analysis of income inequalities
in the pre-pandemic COVID-19 period
Amalia CRISTESCU
Larisa STĂNILĂ
Eva MILITARU
















