{"title":"Income and consumption inequality trends: a comparative analysis between paid employees and the self-employed","authors":"Sadaf Sadaf","doi":"10.1186/s12651-024-00372-z","DOIUrl":null,"url":null,"abstract":"<p>This paper aims to analyze trends in income and consumption inequality for paid and self-employed households and examine to what extent changes in aggregate consumption and income inequality can be explained by changes in their permanent and transitory components over time using data from the Italian Survey of Household Wealth (SHIW) covering the period 1989-2016. The results obtained from the Generalized Method of Moments (GMM) analysis reveal differences in consumption and income inequality, as well as their permanent and transitory components, between self-employed and payroll households. In particular, self-employed households experience higher levels of both income and consumption inequality, the increase in total income and consumption inequality is mainly driven by an increase in its transitory component. Furthermore, findings from other descriptive measures of inequality, such as the Gini coefficient, the variance of the log, 90th/10th, and 50th/10th percentile ratios, support the notion that income inequality is higher than consumption inequality across all groups, with self-employed households exhibiting a more pronounced difference.</p>","PeriodicalId":45469,"journal":{"name":"Journal for Labour Market Research","volume":"295 1","pages":""},"PeriodicalIF":1.6000,"publicationDate":"2024-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal for Labour Market Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1186/s12651-024-00372-z","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"INDUSTRIAL RELATIONS & LABOR","Score":null,"Total":0}
引用次数: 0
Abstract
This paper aims to analyze trends in income and consumption inequality for paid and self-employed households and examine to what extent changes in aggregate consumption and income inequality can be explained by changes in their permanent and transitory components over time using data from the Italian Survey of Household Wealth (SHIW) covering the period 1989-2016. The results obtained from the Generalized Method of Moments (GMM) analysis reveal differences in consumption and income inequality, as well as their permanent and transitory components, between self-employed and payroll households. In particular, self-employed households experience higher levels of both income and consumption inequality, the increase in total income and consumption inequality is mainly driven by an increase in its transitory component. Furthermore, findings from other descriptive measures of inequality, such as the Gini coefficient, the variance of the log, 90th/10th, and 50th/10th percentile ratios, support the notion that income inequality is higher than consumption inequality across all groups, with self-employed households exhibiting a more pronounced difference.
期刊介绍：
The Journal for Labour Market Research is a journal in the interdisciplinary field of labour market research. As of 2016 the Journal publishes Open Access. The journal follows international research standards and strives for international visibility. With its empirical and multidisciplinary orientation, the journal publishes papers in English language concerning the labour market, employment, education / training and careers. Papers dealing with country-specific labour market aspects are suitable if they adopt an innovative approach and address a topic of interest to a wider international audience. The journal is distinct from most others in the field, as it provides a platform for contributions from a broad range of academic disciplines. The editors encourage replication studies, as well as studies based on international comparisons. Accordingly, authors are expected to make their empirical data available to readers who might wish to replicate a published work on request. Submitted papers, who have passed a prescreening process by the editors, are generally reviewed by two peer reviewers, who remain anonymous for the author. In addition to the regular issues, special issues covering selected topics are published at least once a year. As of April 2015 the Journal for Labour Market Research has a "No Revisions" option for submissions (see ‘Instructions for Authors’).
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