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: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Consumption and Income Inequality in Poland During the Economic Transition  |c Eswar Prasad, Michael Keane 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1999 
300 |a 49 pages 
651 4 |a Poland, Republic of 
653 |a Wealth 
653 |a Migration 
653 |a Income 
653 |a Income distribution 
653 |a Saving 
653 |a Human Development 
653 |a Aggregate Factor Income Distribution 
653 |a National accounts 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a Education 
653 |a Consumption; Economics 
653 |a Wage Level and Structure 
653 |a Education: General 
653 |a Income Distribution 
653 |a Economic Development: Human Resources 
653 |a Consumption 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Income inequality 
653 |a Wage Differentials 
700 1 |a Keane, Michael 
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989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
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520 |a 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