Is income inequality in Bulgaria underestimated in survey data?
Is income inequality in Bulgaria underestimated in survey data?
Author(s): Petar Peshev, Kristina Stefanova, Ivan Bozhikin, Radostina Stamenova, Ivanina ManchevaSubject(s): Economy, Socio-Economic Research
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: Bulgaria; inequality; income distribution; Gini coefficient; Palma ratio; S80/S20 ratio
Summary/Abstract: The present study analyses wage income inequality in Bulgaria during the period 2010-2019, using data from the National Revenue Agency (NRA) on the actual incurred income of taxpayers and survey data on wage income from the Household Budget Survey of the National Statistical Institute (NSI). Key indicators of income inequality are derived under both approaches, which are compared and evaluated through descriptive analysis. The NSI survey data permanently underestimates the level of income and inequality in its distribution, as evidenced by the Gini coefficient, the decile and percentile ratios, as well as other indicators based on them.
Journal: Икономическа мисъл
- Issue Year: 2022
- Issue No: 3
- Page Range: 301-326
- Page Count: 26
- Language: English