1 / 7

Chapter 20 – Income distribution and poverty

Chapter 20 – Income distribution and poverty. Income distribution in a market economy. Determined by markets Affected by initial endowments Estate tax (“death tax”). Lorenz curve. Differences in income inequality. Poverty programs. Cash transfers In-kind transfers.

kamella
Download Presentation

Chapter 20 – Income distribution and poverty

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Chapter 20 – Income distribution and poverty

  2. Income distribution in a market economy • Determined by markets • Affected by initial endowments • Estate tax (“death tax”)

  3. Lorenz curve

  4. Differences in income inequality

  5. Poverty programs • Cash transfers • In-kind transfers

  6. Trends in income distribution • Inequality decreased until 1980s • Inequality rose from 1980s until mid 1990s • Inequality declined in mid- and late-1990s • Inequality rose since 2000.

  7. Tax structures • Progressive – T/Y rises as Y rises • Proportional – T/Y is constant • Regressive – T/Y declines as Y rises (T = taxes, Y = income)

More Related