Consumption and Income Inequality in Poland During the Economic Transition /

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...

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Bibliographic Details
Main Author: Prasad, Eswar
Other Authors: Keane, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/014
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (49 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students